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Beautiful Restaurant Overlooking Brixham Harbour

Brixham, Devon
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  • Leasehold: £45,000
  • Turnover: £75,000 £1,442 Per week
  • Net Profit: £30,000 40% Profit margin

Business Details

One of Brixham’s sought after harbourside restaurants, enjoying abundant footfall at the water’s edge, very low running costs and huge potential for daytime opening.

This 36 cover restaurant delightfully overlooks Brixham Harbour, which is often crowded with fishing boats and pleasure craft and draws many thousands of visitors to its pretty houses and replica of Francis Drake’s ship The Golden Hind. The restaurant is run by a couple and operates only 165 evenings per year, offering enormous scope to develop daytime trade and low-season weekends to suit new management. The business has successfully operated as a Caribbean restaurant for 10 years and shows consistency in turnover and profitability which will allow a new owner to enjoy a very comfortable lifestyle. The relaxed, family atmosphere and simple approach to sharing a love of food has led to over 700 reviews on Tripadvisor and the 36 covers are comfortably managed by the husband and wife team.

The restaurant boasts 2 bay windows which allow almost all diners a view of the harbour, and has a well-stocked bar for wine and cocktails. The spacious, fully equipped restaurant kitchen has capacity for new income streams to be explored such as takeaway or catering for outside events, and would suit cuisine of any kind. The premises are held on a secure, renewable lease which will be assigned to a new owner. Rent is £10,000 annually and there are no rates to pay.

Brixham is a small fishing community on The English Riviera and its harbour is a magnet for visitors due to its picturesque, unspoilt setting. Dartmoor National Park, Torquay, Totnes and Dartmouth are all a short drive away and the restaurant lies on the coast path itself. Boats unload their catch to be sold at the thriving fish market next to the harbour, and chefs around the country source their seafood directly from Brixham fish merchants. This restaurant’s low running costs, high footfall and beautiful setting make it an ideal first venture in hospitality and should be viewed at the earliest opportunity.
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Stay Safe

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.

Stay Safe

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.

Stay Safe

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.

Stay Safe

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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