Well Established Restaurant For Sale

Business
Please quote refernece B07996

CoGoGo are pleased to welcome to the market a highly rated Moroccan style restaurant in London.

The business has been under our client’s ownership for the last 18 years, building up an excellent reputation and great customer base. 

Moorish Lounge now comes to the market due to our client’s desire to explore new ventures.

This authentic Moroccan cuisine are known for their unmistakable style and mouthwatering flavours.

The business offers:

• Breakfast
• Lunch
• Brunch
• Sides
• Desserts
• Drinks / Juices

A set menu for events or gatherings can also be requested at a reasonable price.

Scope for further growth:

• Advertising and Marketing campaign
• Maximise the use of social media
• Extend the opening hours
• Introduce a customer loyalty card / scheme

The Moorish Lounge provides authentic Moroccan cuisine’s packaged and blended in a modern, friendly setting. They also cater for vegan diets & offer healthy meal alternatives.

As seen by the fantastic reviews and ratings online the business has been striving for many years:

• ” I highly recommend the restaurant for it’s authentic Moroccan cuisine and atmosphere. The food is fresh and the flavours are wonderful. The chef if really pleasant and accommodating.”
• ” Amazing food, lovely welcoming owner! Will definitely be returning.”
• ” Wonderful owner and the food was incredible, all home cooked and flavourful. Great service and a brilliant place to dine.”

Location
Moorish Lounge is located in the heart of South London.

Premises
The business occupies a single fronted premises with bespoke signage displayed.

Tenure
This business is being sold on a Leasehold Basis with 10 years remaining on the lease. 

The current rent is £10,000 per annum.

Hours
The current trading hours are:

Monday to Friday – 6:00pm to 1:00am

Saurday – 5:00pm to 2:00am

Sunday – 6:00pm to 1:00am

Staff
The business is currently run and managed by our client with the help of 2 members of staff.

Financial Profile
The business achieved a turnover of £150,000.

Full financials can be made available upon further request.