For Sale
Highly Rated Restaurant For Sale
Liverpool, Merseyside
- Asking Price: £145,000 +SAV
-
Turnover:
Full financials can be made available upon further request.
- Tenure: Leasehold
Please quote reference B07942
CoGoGo are delighted to welcome to the market Mahalo a highly rated restaurant for sale in Liverpool.
Mahalo was established by our clients in 2023. During this short time, they built up an excellent reputation and great customer base.
The business now comes to the market due to our client’s decision to spend more time with their family.
Their establishment is a well-known culinary haven, where they elevate a classic burger into a gourmet experience, you will sit down and experience the attentive service and detail that they provide for each preference and need; whilst offering any customer a wide variety of dishes from several significant corners of the world.
Mahalo is also a great venue to hire out for either a very special occasion or corporate event. They provide bespoke menus for a perfect dining experience, and their team will ensure that the event taking place will be one to remember.
Key Selling Points
- Great Location
- Large customer base
- Beautiful decoration throughout
- Holds a restaurant licence till 10pm
- Music licence which has been paid for a year in advance
- Fully fitted kitchen
- Fully fitted bar area
- Utilise the rooftop area
- Increase advertisement
- Expand opening hours
The business is run and managed by our client.
The current trading hours are:
Monday & Tuesday - Closed
Wednesday to Sunday - 12:00pm to 10:00pm
Mahalo is located in Liverpool City Centre, a very affulent area near 5 hotels and one of the most princial areas in Liverpool.
Upstairs
- Service area (12 tables & 48 chairs)
- Kitchen (2x griddles, 2x big fryers, service fridges, 4 heated lamps etc)
- Canopy area
- Prep area
- 3x WC (men, women, disabled)
- Fully equipped bar area
- EPOS System
- Large dry storage area with security door
- Kitchen
- Prep & fridges area (1x double fridge, 1x single fridge, 1x freezer)
- Kitchen & fridges area
- Staff table
- 2x WC
- CCTV (16 cameras)
- Capacity of 20-30 people can be seated
Tenure
The business is being sold on a Leasehold Basis with 5 years reamining on the lease.
Rental for the lease is as follows:
Year 2023: £26,000 PA (£2,208.33 PM)
Year 2024: £30,000 PA (£2,500 PM)
Year 2025 & onwards: £35,000 PA (£2,916.66 PM)
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Borrowing £7,500 over 4 years with a representative APR of 27.4%, an annual interest rate of 27.4% (Fixed) and a deposit of £0.00, the amount payable would be £246.43 per month, with a total cost of credit of £4,328.83 and a total amount payable of £11,828.83
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