Torquay owner Mike Bateson is hoping to sell the relegated Football League side to someone from the area.
Bateson, whose side face Hereford on Saturday, is still adamant he wants to sell the club as soon as possible.
He said: "I am still talking to people and ideally I would like to do a deal with someone locally.
"But if it has to be someone from out of town, then needs must. There is at least one local consortium active at the moment."