Blacks Business Brokers Completes Successful Sale Of The Willow Restaurant & Tea Room

Blacks Brokers are pleased to bring to the market this leasehold tea room and restaurant with accommodation located in Alford.

Blacks Business Brokers Facilitates Successful Sale Of The Willow Restaurant & Tea Rooms

Following a highly successful marketing campaign and strong buyer interest, Blacks Business Brokers has completed the sale of a profitable tea room and licensed restaurant in a prime town centre location. The transaction highlights continued demand for quality hospitality businesses and reinforces Blacks’ expertise in delivering exceptional results for clients across the UK.

The business opened its doors in November 2023 and, in less than a year, built an enviable reputation as the only dedicated sit-down eatery within its town. In an area notably underserved in terms of food establishments, the restaurant carved out a unique and defensible market position. With no direct competitors and strong local support, it became a go-to destination for residents and visitors seeking quality dining in a welcoming environment.

The business operates as a tea room by day and a licensed restaurant, offering an all-day breakfast menu throughout the week, freshly prepared lunches, pre-booked afternoon teas and traditional Sunday roasts. A steak night held every two weeks consistently sold out, highlighting both demand and clear scope for expanded evening trading. In its first year of operation, the business demonstrated impressive financial performance, achieving an annual turnover of £112,869 and a gross profit of £66,254 to 30th September 2024. These results were achieved while trading predominantly daytime hours, evidencing substantial headroom for growth under new ownership.

The premises occupy a prime trading position within the town and are presented to a high standard throughout. The restaurant provides 50 internal covers in a well-arranged and versatile layout suited to both daytime tea room service and evening dining. The property is fully wheelchair accessible, ensuring inclusivity for the entire community. A yard area attached to the premises offers potential for additional external use, further enhancing the appeal.

A significant benefit of the opportunity is the inclusion of a spacious three-bedroom flat above the restaurant. The accommodation can serve as owner’s living quarters or staff housing, offering flexibility and reducing overheads. The lease was agreed as a new five-year term with a tenant break clause at year three, at a rent of £1,500 per month inclusive of the flat. This structure provided security for the outgoing owners while maintaining manageable fixed costs and attractive terms for an incoming operator.

The reason for sale was a change in the owners’ personal circumstances, creating an opportunity for a new proprietor to take over an already profitable and highly regarded enterprise. From the outset, the sellers sought a professional brokerage firm with national reach, specialist hospitality expertise and a proven track record of achieving results. They appointed Blacks Business Brokers to manage the sale process from valuation through to completion.

Blacks Business Brokers implemented a comprehensive marketing strategy designed to highlight the business’s strong first-year financials, unique market position and clear growth potential. Professional sales particulars were prepared, showcasing the quality of the fit-out, the accommodation included in the lease, and the untapped opportunity to expand evening trade and themed cuisine nights. The listing attracted significant interest from both lifestyle buyers and experienced hospitality operators seeking a profitable venture with immediate income and further upside.

The team at Blacks managed all enquiries, qualified prospective purchasers, arranged viewings and handled negotiations to ensure that only serious, financially capable buyers progressed. Their structured approach protected the confidentiality of the business while maintaining momentum throughout the sales process. As a result, a suitable buyer was secured and the transaction progressed smoothly to completion.

Amy Page, Sales Negotiator at Blacks Business Brokers, commented on the sale: “This was a fantastic business to bring to market. It had achieved strong trading figures within its first year and had clearly become the focal point for dining in its town. The inclusion of the three-bedroom flat made it especially attractive to lifestyle buyers looking for a work-life balance opportunity. We generated excellent interest and were pleased to agree a sale that met our client’s expectations. It’s always rewarding to help owners move on to the next chapter, particularly when the business they’ve built is set up for continued success under new ownership.”

The successful sale reflects Blacks Business Brokers’ continued strength in the hospitality sector. By combining realistic valuations, targeted marketing and hands-on negotiation, the firm consistently delivers results for business owners across the UK. For sellers, using an established and reputable brokerage provides access to a wide database of active buyers, professional presentation of the opportunity and expert guidance through what can otherwise be a complex and time-consuming process.

With strong demand continuing for well-presented, profitable restaurants and tea rooms—particularly those with accommodation included—Blacks Business Brokers remains well positioned to support owners considering an exit. This latest completion demonstrates that even relatively young businesses can command significant interest when supported by solid financial performance, a unique trading position and the right advisory team.

Considering a sale?

Are you considering selling your business? Whether it’s a thriving enterprise or a unique opportunity waiting to be discovered, let Blacks Business Brokers help you unlock its true potential. Get in touch today and find out how we can support your next step.

Visit 👉 www.blacksbrokers.com or email [email protected] to speak confidentially with our team.