Fixed price
£49,950
(£209.52/sq. ft)
Restaurant for saleBampton Street, Tiverton EX16
1,500 sq. ft
Business
About this property
Business Sale
High Profit
Brilliant reputation
Award Winning
AgentLocal is proud to present an exceptional opportunity to acquire one of Devon’s most unique and profitable dining experiences. This award-winning steakhouse in the heart of Tiverton offers a theatrical hot stone cooking concept that sets it apart from any local competition — drawing in a loyal customer base and strong repeat trade.
With annual turnover of £147,000 and reported net profits of around £50,000, the business operates with low overheads and great margins, including an affordable rent of just £14,500 per year. The premises are fully licensed, beautifully fitted, and ready to trade from day one — no further investment needed unless you wish to change interior to your taste and liking. Established over eight years ago and successfully rebranded three years ago, it continues to perform strongly. With the current owner now retiring, this is a rare chance to take over a thriving business with serious growth potential and profit from day one.
Opportunities like this don’t come around often. Enquire today with AgentLocal for full details and viewing arrangements.
With annual turnover of £147,000 and reported net profits of around £50,000, the business operates with low overheads and great margins, including an affordable rent of just £14,500 per year. The premises are fully licensed, beautifully fitted, and ready to trade from day one — no further investment needed unless you wish to change interior to your taste and liking. Established over eight years ago and successfully rebranded three years ago, it continues to perform strongly. With the current owner now retiring, this is a rare chance to take over a thriving business with serious growth potential and profit from day one.
Opportunities like this don’t come around often. Enquire today with AgentLocal for full details and viewing arrangements.