Authentic Mediterranean Restaurant That's 'A' Mori For Sale in Halifax, West Yorkshire
Halifax, West Yorkshire
- Status
FOR SALE
- Date Submitted:
05/10/23
- Advert ID
600741
- Reference
B07556 / Rightbiz
- Call Agent:
- Leasehold: £60,000
- Turnover: £148,974 (£2,865 Per week)
- Net Profit: £28,830 (20% Profit margin)
Business Details
Authentic Mediterranean restaurant for sale
BusinessPlease quote reference B07556
CoGoGo are delighted to welcome to the market That's 'A' Mori, a highly rated Mediterranean restaurant in the Luddenden Foot, just west of Halifax.
This highly rated business opportunity was established by our client in 2010, building up an excellent reputation and regular client base during its short time of trading. As seen by the many fantastic online reviews and ratings, the business is extremely popular within the local community.
That's 'A' Mori has now come to the open market due to our clients desire to pursue other business interests.
That's 'A' Mori is a family friendly restaurant that is mostly an Italian focused menu. The restaurant offers a relaxed dining space, with customers able to enjoy their meals inside or outside. They're also happy to allow non dining guest into and over an online ordering service via Just Eat.
The business also offers outside catering for private parties and celebrations, and also offers experience nights like Persian Dining, Mothers Days etc. They also have bottomless brunches/afternoon teas, with alcoholic and non-alcoholic options.
The site recently went through a complete refurbishment, which has been done to a high standard. The premises also has a large terrace overlooking the Brook that can comfortably accommodate upto 40 people.
The business is proud to have a 5 star TripAdvisor rating, with over 120 excellent google reviews. They also have a strong social media following, with over 2,300 followers and a 4.8/5 review score.
Key selling point -
- Refurbished to a very high standard
- Unique location with clear views over the Calderdale Valley
- New lease to be offered
- Large raised platform terrace overlooking the brook
- Excellent customer reviews
- Currently run to suit due to other business interests
- Lots of potential for further growth
- Mid-week lunchtime opening/Tuesdays
- Increase local deliveries
- Ideal owner run business opportunity
- Group bookings/parties/outside catering
Location
That's 'A' Mori is located in the heart of the small village of Luddenden Foot, which is west of Halifax.
The restaurant has eye catching signage, and receives high levels of footfall.
Premises
Situated in a beautifully presented detached stone built property and occupies the ground floor and basement.
Basement level -
- Storeroom
- Staffing area
- Open plan bar/dining area – 50to 60 covers
- Bar server
- Commercial kitchen/store room - walk in fridge and freezer
- Toilet Facilities
- New dining tables/chairs throughout
- Newly re-positioned bar
Tenure
We are advised that the business is being sold on a Leasehold basis, with a new 10 year lease to be offered. The rent is £25,000 per annum.
Hours
The current trading hours are -
Monday - 4pm - 10pm
Tuesday - Closed
Wednesday to Friday - 4pm - 10pm
Saturday - 12pm - 10pm
Sunday - 12pm - 9pm
Staff
We are advised that the business has 4 members of staff.
Financial Profile
We are advised as per the 2022 accounts, the business generated a turnover in the region of £150,000. Further financials can be made available upon request.
Contact Agent
Listing Statistics
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Stay Safe
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Stay Safe
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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