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 offers free advice and quotations and is happy to liaise with architects and builders.
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.
Very rarely do businesses of this calibre come to the open market so early enquiry is highly recommended.
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.
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.
