Featured Brokers
CONFIDENTIAL
FOR SALE
645892
S1983 / Rightbiz
Starling Corporate is delighted to present an exceptional opportunity to acquire a thriving restaurant and café occupying a prime seafront location in Devon, offering stunning coastal views, an attractive trading environment and a strong reputation among both local customers and visitors.
Established in 2023, the Business has achieved impressive growth in both turnover and profitability from an early stage, generating a profit during its first year despite substantial investment in the premises and equipment. Annual turnover has subsequently exceeded £877,000, demonstrating strong underlying demand and the appeal of its location and offering.
The Restaurant benefits from extensive indoor dining space together with a large outdoor terrace overlooking the seafront, providing customers with an attractive destination throughout the year and particularly strong trading potential during the summer season.
The Business offers a broad hospitality proposition, serving breakfast, lunch and dinner, alongside barista-quality coffee and a fully licensed drinks offering. Its family-friendly and dog-friendly approach, combined with a varied menu and high-quality service, has helped establish a loyal customer base comprising both residents and tourists.
Devon's established tourism market provides a significant commercial advantage, with particularly strong trading typically achieved between April and September. The Business nevertheless offers considerable scope to increase revenue outside the core tourism season through targeted marketing, events, menu development and expanded year-round trading initiatives.
The owners are now seeking to sell as part of a planned reduction in their wider business commitments, presenting an excellent opportunity for a new owner to acquire a profitable, turnkey hospitality business in one of Devon's desirable coastal locations.
Investment Highlights
Established Market Position
The Business has established a strong position within its local market despite having commenced trading only in 2023.
Its seafront setting provides a significant competitive advantage, combining attractive views with a destination-style hospitality experience capable of appealing to both residents and visitors.
The extensive indoor seating and outdoor terrace allow the Business to maximise its trading capacity during peak periods, while the broad food and beverage offering enables it to attract customers throughout the day.
The combination of breakfast, lunch, dinner, premium coffee and licensed drinks provides multiple revenue streams and supports a broad customer demographic.
Its family-friendly and dog-friendly environment further enhances its appeal, particularly within the leisure and tourism market.
Growth Opportunities
The Business provides a strong platform for continued growth, with a number of opportunities available to an incoming owner.
These include:
Given the Business's strong performance to date and its attractive location, there is significant potential for a new owner to build upon the existing operation and further enhance both turnover and profitability.
Ideal Acquirer
The opportunity is expected to appeal particularly to:
Summary
This represents an outstanding opportunity to acquire a profitable and well-established seafront restaurant and café in Devon, combining an exceptional location with strong trading performance and significant future potential.
Having generated turnover in excess of £877,000 and achieved profitability from its first year despite substantial initial investment, the Business has demonstrated strong market demand and an ability to establish itself rapidly.
The combination of stunning coastal views, extensive indoor and outdoor seating, a broad food and beverage offering and a strong local and tourist customer base provides an attractive platform for continued growth.
With Devon's thriving tourism economy supporting particularly strong seasonal demand, alongside significant scope to develop year-round revenue, the Business offers a new owner the opportunity to acquire a turnkey hospitality operation with proven performance and substantial further potential.
The sale is prompted by the owners' planned reduction in their wider business commitments, creating an exciting opportunity for a new owner to take the Business forward and build upon its established success.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get Solicitor
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