Highly profitable, rapidly growing, two location food business with enormous potential for growth.

A unique opportunity to purchase a highly profitable food business, trading from two sites, in Devon with exceptional growth and expansion prospects.

The Original Pasty House is a well-established brand in the West Country, trading very successfully for the past 18 years with sites in Tavistock & Plymouth. The business has a diverse and growing range of income streams including two distinct brands, eat-in, take away, delivery, collection, buffets & outside catering. It continues to grow rapidly and delivers strong cashflow and profitability.

The business is unique on many fronts, but it’s future growth potential - both organically and with new site openings - is highly significant and very clearly sets it apart from similar offerings.

Throughout lockdown, the core business has adapted spectacularly well; initially rapidly expanding its delivery business – now 45% of sales – and subsequently developing a Gourmet Burger Menu – under “The Original Burger House” brand.

Last year's turnover was £2.3 million and this continues to grow at 18-21% per month.

The business continues to grow consistently, month on month, even as we move out of lockdown. The management team operates in a continual process of testing and refining the new revenue streams.

The business is operated with minimal involvement by the owners. There are highly developed processes and training alongside a strong and experienced management team.

Video of current locations in action

To see the current locations in action, visit the YouTube playlist here:

Https://youtube.com/playlist?List=PLcmbcq6p5Nv0ry0_UV1m3PlRlGlFwKTou

For full details, deeper analysis and pitch deck visit here:

www.thecafeexpert.com/oph-sales-decks

The Growth Opportunity

The business is quite fundamentally different to the already profitable one that entered lockdown two years ago.

There are three key strands of growth that make up this business.

1. Existing unit organic growth opportunity with burgers and delivery

The turnover from the existing locations is in seven figures per location. It shows an operating profit in excess of 10% - a figure that can be easily increased and clear plans are in place to achieve this.

Current month-on-month growth is approximately 20% without the following obvious opportunities:

• Increased trading hours - earlier mornings, later evenings
• Menu Management and Optimisation via the App to increase average transaction value - currently in development
• Greater Social Media Use - in development
• Better Route Planning - software being trialed

2. Further brand development within existing locations:

An “Original Pizza House” offering has been developed but not yet launched. This offer works within the existing operating structures of; equipment, staffing, digital and physical delivery infrastructure.

No further expense is required to "switch on" this income stream.

3. New locations:

In many ways the business has pivoted into a very different model whilst still retaining the strong core business and brand equity.

This much larger opportunity lies within new low-cost locations and overheads plus staff skill levels that can be rapidly trained. New sites can quickly and easily be rolled out, at low cost, to multiple locations with an expected payback of within one year.

Six new local towns with multiple potential available sites have already been identified.

One critical factor in the current success of the business and the future growth potential is that the business has developed its own App and physical delivery infrastructure. Additionally, they have a highly successful recruitment and staff retention strategy which has removed the driver and general staffing issues that plague much of the rest of the industry.

To view a detailed analysis of the business by the leading independent U. K. industry expert - author, coach, consultant, and speaker - John Richardson, visit the link here:

Https://thecafeexpert.com/original-pasty-house-tce-analysis/

John has built and sold 13 food and beverage businesses himself and advised hundreds of clients on building their businesses for potential high exit value.

There is already considerable interest in this business from local and national investors and operators.

For further information please submit your details and one of the team will get back to you as soon as possible.