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.
Financial Profile
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.
