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Restaurant and café for sale in Devon seafront tourist location with scenic views

Undisclosed, Devon

CONFIDENTIAL

  • Leasehold: Price on Application
  • Turnover: £877,000 (£16,865 per week)
  • Profit: On request

Key Features

  • Fully equipped for operation
  • Fully equipped operational premises
  • Recently refurbished premises
  • Prime location accessibility

Business Details

Popular Restaurant, Café and Bar in Thriving Seafront Tourist Location in Devon

An exceptional opportunity to acquire a thriving restaurant and café in a prime seafront location in Devon, offering stunning coastal views and a strong reputation with both locals and tourists.

Established in 2023, the business has achieved impressive growth in both turnover and profitability, generating a profit in its first year despite significant investment in the premises and equipment. Annual turnover has exceeded £877,000, driven by strong seasonal demand and a loyal customer base.

The restaurant features an extensive indoor dining space and a large outdoor terrace overlooking the seafront, serving breakfast, lunch and dinner alongside barista-quality coffee and a fully licensed drinks offering. Its family-friendly, dog-friendly environment and varied menu make it a popular destination for residents and holidaymakers alike.

Benefiting from Devon's thriving tourism industry, the business enjoys particularly strong trading between April and September, with excellent potential to further develop year-round revenue.

The owners are offering the business for sale as part of a planned reduction in their business commitments, presenting an outstanding opportunity to acquire a profitable, turnkey hospitality business in one of Devon's most desirable coastal locations.

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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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The data showed regarding this advert 'Popular Restaurant, Café and Bar in Thriving Seafront Tourist Location in Devon - S1983 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.