Thomas Carr, his brother Kevin and business partner Richard Evans are hoping to take over the site of the Lamb Hotel on Ilfracombe High Street, a short walk from the chef’s other site.
The group has set its sights on a February or March opening date if the crowdfund of £15,000 is successful.
The prospective site will host a seafood and grill restaurant with an a la carte menu upstairs, a bar and grill menu downstairs, and a garden for summer barbecues.
The team is using crowdfunding website Kickstarter, and has so far raised £8,300 from 65 backers, with 25 days remaining to meet target.
“Every business needs money to begin with, and there are a number of ways to get that. We wanted to find the most effective way, as we have some great ideas for the business and also want to keep the costs to the customers as low as possible,” says Carr.
“We thought Ilfracombe, and north Devon, would be the ideal place to crowdfund as there is such a great crowd to fund from.”
Carr, who trained and worked under Nathan Outlaw, gained Ilfracombe’s first Michelin star for The Olive Room in 2016, two years after opening. He retained it this year, as well as adding three AA rosettes to his collection.