Highly Rated Cafe For Sale - Hilton Smythe
£0 £1000000
£0 £1000000

For Sale

Highly Rated Cafe For Sale

Torquay, Devon

  • Asking Price: £150,000 +SAV
  • Turnover: We are advised as per the 2023 accounts, the business is projected to generate a turnover in the region of £400,000. As per the 2022 accounts, the business generated a turnover in the region of £286,000. Further financials can be made available upon request. 

  • Tenure: Leasehold

< 1-7 >

Enlarge

Please quote reference B07193

Hilton Smythe are delighted to welcome to the market Thyme Out Torbay, a highly rated licenced Cafe in Torquay. 

The business was established by our client in 2019, building up an excellent reputations and a repeat client base.

Thyme Out Torbay has now come to the open market as our client is looking to relocate overseas. 

The business is very well known in the area, providing people with a place to eat that serves locally sourced ingredients and good food at a reasonable price during day time hours.

Key selling points -

  • 3 Key staff members who are an asset to the company
  • Community hub
  • Huge amount of repeat trade along with being located in a high footfall area
  • Staff members in place
  • Outstanding reputation
  • No online delivery platforms (scope to expand)
Scope to improve -

  • Push marketing
  • Increase trading hours
  • Introduce theme nights/cocktail nights. 

We are advised that the business has 7 to 8 members of staff, depending on the season. 

The current trading hours are -

Monday to Saturday – 9:30am – 5:00pm
Sunday – 10:00am – 4:00pm


Thyme Out Torbay is located on Fleet Street, in the town centre of Torquay. 

The businesses has eye catching signage and receives high levels of footfall and passing trade.

Thyme Out Torbay occupies a double fronted premises on a busy main road. 

Ground floor -

  • Café seating area with 90+ covers
  • Bespoke décor
  • Fixed seating
  • Counter
  • Fully licensed
  • WC
  • Kitchen - Ample stainless steel worktops

Tenure
We are advised that the business is being sold a Leasehold basis, currently on a 10 year lease. The rent is £35,000 per annum. 

Find your dream business

    Sales Negotiator Photo

    Alice Currie

    Sales Negotiator

    Need help to find your dream business?

    Our buyer matching service can help, sign up today.

    Similar Businesses For Sale
    • 12

      Extremely Well Established Cafe Business For Sale

      Fleetwood, Lancashire

      £395,000 +SAV

      Discover Business
    • 3

      Well Established Sandwich Bar / Café For Sale

      Liverpool, Merseyside

      £359,995 +SAV

      Discover Business
    • 11

      Highly rated Coffee Shops for sale

      Warwickshire

      £350,000 +SAV

      Discover Business

    12

    Extremely Well Established Cafe Business For Sale

    Fleetwood, Lancashire

    £395,000 +SAV

    Discover Business

    3

    Well Established Sandwich Bar / Café For Sale

    Liverpool, Merseyside

    £359,995 +SAV

    Discover Business

    11

    Highly rated Coffee Shops for sale

    Warwickshire

    £350,000 +SAV

    Discover Business

    Popular business searches in the UK