Hilton Smythe is delighted to welcome to the market Tiverton Steak House & Bar, a very popular restaurant in Tiverton Devon.
Tiverton Steak House & Bar was established in 1975 and has been in our client’s very careful ownership since 2017.
Only now is the business being offered to the market due to our client’s other business commitments.
Tiverton Steak House & Bar greatly benefits from being the only one of its kind in the area. As seen by the reviews on Tripadviser and Google, the steakhouse is extremely popular and has built up an excellent reputation.
The restaurant is open 6 days per week and generates the turnover from freshly prepared meals including specials and traditional Sunday lunch.
Tiverton Steak House & Bar has an excellent reputation and is renowned for its high-quality food and service, which has generated a very loyal client base with a lot of repeat trade and word of mouth referrals.
Tiverton Steak House & Bar was refurbished and rebranded due to covid 19 as the influx of coffee shops being bolted onto other businesses so the business concept changed to a steak house using the hot stone principle.
The sale of the business includes -
Business website
Social media pages - Facebook and Instagram
Tiverton Steak House & Bar also hosts events and functions such as:
Weddings
Birthday celebrations
Anniversaries
Business lunch meetings
We feel there is scope to increase the turnover by extending the opening hours.
The business would also benefit from a small marketing campaign to advertise the business and cuisine offered.
We feel this is an excellent opportunity for a new owner to take this popular and thriving business to the next level therefore early viewing must come highly recommended to avoid disappointment.
Financial Profile
To be confirmed.