35-Year-Old Thatched Roofing Business in Altrincham, Manchester - Loyal Clientele
Altrincham, Manchester
- Status
FOR SALE
- Date Submitted:
08/03/22
- Advert ID
291779
- Reference
B06801 / Rightbiz
- Call Agent:
- Asking Price: £269,999
- Turnover: £467,137 (£8,983 Per week)
- Net Profit: £16,721 (4% Profit margin)
Business Details
Well established Thatched Roofing Contractor for sale
BusinessPlease quote reference B06801
CoGoGo welcomes to the market, Master Thatchers (North) Limited.
The business was founded by the current owner in 1985 and has been a real labour of love for him. The business has prospered under his ownership accruing an impressive number of satisfied and often repeat customers along with a fantastic reputation.
The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wish to enjoy a well-earned retirement, he is keen for his beloved roofing company pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level.
Master Thatchers is experienced and specialises in commercial, domestic, conservation and historical thatching, services provided include;
- New Build Thatching
- Re-Thatching
- Re-Ridging and Repairs
- Moss Removal
- Summer houses and Gazebos
- Fire Barriers
- Thatch Surveys & Reports.
The business operates across the UK but predominantly in the North, Northwest and Scotland and is fully insured, a staff training provider and eco-friendly.
The sale will include the company website and twitter page with over 5,000 followers and the business enjoys great visibility on the internet along with impressive reviews.
The business is currently turning down work, such is its reputation and is enjoying record enquiries. The business currently receives its work from word of mouth and referrals and the sale will include a database of approximately 5000 thatched property addresses.
Reasons to Buy -
- A well-established business with an enviable reputation and many existing customers
- The sale will include a full order book for the next 18 months.
- Current owner is happy to remain in the business and offer a handover for up to 12 months to ensure the smooth transfer and continued success
- The business is recession proof because the vast majority of thatch roofs are listed and must be re-thatched and maintained.
- Ideal bolt on to an existing building or renovations company
- The business has a fantastic relationships with all suppliers bith in th UK and overseas
- Current owner happy to provide full training and teach any new owner how to Thatch
- The owner has ideas about widening the business in new directions such as building and thatching garden buildings and using artificial thatch and using different ridging systems which don’t require thatching skills.
The sale will include all fixtures, fittings and equipment pursuant to the trade, a list of which can be supplied on request. The assets are valued in the region of £100,000.
Location
The business is based in the Greater Manchester/Cheshire Area.
Premises
Business only. No premises
Tenure
N/A
Hours
The business runs to suit our client.
Staff
We are advised that the business is owner run and managed, with the help of 8 full-time members of staff.
Financial Profile
We are advised as per the 2021 accounts, the business generated a turnover in the region of £470,000, with an adjusted net profit in the region of £95,000. Full financials can be made available upon further request.
Please quote reference B06801
Contact Agent
Listing Statistics
Contact the seller for more details, or book a viewing
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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