Dutch group Used Products, which trades second-hand products, plans to enter the Romanian market in a franchise system, reports local Ziarul Financiar.

Used Products buys and sells various products such as smartphones, audio systems, DVD players and computers, gold jewelry, watches, household articles, DIY tools, bikes and more. The group is interested in expanding to Bucharest, Cluj, Iasi, Constanta and Brasov.

In the Used Products stores, customers can sell or buy used products at discounted prices. The group is to give more info about its development plans in Romania at a conference in two weeks.

The company was founded 20 years ago in the Dutch city of Alkmaar. It currently owns over 50 stores in the Netherlands, Belgium, Spain and Austria.

The company wants to give 5-year franchises in Romania with a tax ranging between EUR 15,000 (for a single franchise) and EUR 60,000. Investors will also need to pay 4% of the turnover, but not less than EUR 600.

editor@romania-insider.com

(photo source: Used Products on Facebook)