Restaurant/cafe for sale in Liverpool, England, United Kingdom L1

Business
Please quote reference B08195

CoGoGo are delighted to present an exceptional opportunity to acquire a well-established East Asian inspired restaurant called KaiBaiBo, in the heart of Liverpool City Centre.

This vibrant eatery, which has been successfully operating for two years, has built a loyal customer base and a stellar reputation for its authentic and diverse cuisine. Due to our client's personal health issues, they have made the difficult decision to sell this flourishing business.

KaiBaiBo specialises in a wide array of East Asian inspired dishes, with a menu that includes a delightful selection of bao buns, noodles/ramen, soups, and desserts, each crafted to provide an authentic taste of East Asia. The dishes are expertly prepared using high-quality ingredients, ensuring a unique and memorable dining experience for every customer. Additionally, the restaurant holds an alcohol license, allowing it to serve a range of beverages from 12pm to 11pm, further enhancing the dining experience and increasing revenue streams.

Situated in a prime location within Liverpool City Centre, KaiBaiBo benefits from high footfall and strong visibility.

Growth Potential

There are several avenues for growth that could be explored by the new owner:

• Extended Operating Hours: Expanding the restaurant's operating hours, particularly during mornings and late- night periods, could attract a new segment of customers, including early risers and night-time diners.


• Delivery and Takeaway Services: Introducing or expanding delivery and takeaway options through popular platforms such as Deliveroo, Uber Eats, or Just Eat could tap into the growing demand for convenient, high-quality food at home.


• Marketing and Promotions: Implementing targeted marketing campaigns, both online and offline, could raise the restaurant's profile further and attract new customers. Social media marketing, loyalty programs, and partnerships with local businesses could be particularly effective.


• Event Hosting: The restaurant could capitalise on its inviting atmosphere by hosting events such as Korean food nights, cooking classes, or private parties. This would not only increase revenue but also enhance community engagement.


• Menu Expansion: Introducing new and seasonal dishes, such as Korean BBQ, hot pots, or fusion dishes, could attract repeat customers looking for variety and novelty in their dining experience.

KaiBaiBo has demonstrated consistent financial performance, with a strong turnover. This sale represents a fantastic opportunity for an aspiring restauranteur or an existing business owner looking to expand their portfolio in a prime location.

They are thrilled to share that they've consistently been ranked among the top 10 restaurants in Liverpool and Merseyside by TimeOut Magazine-an honour they have earned every time they've curated their list! The Liverpool Echo has also recognised them as a standout dining destination, and they are excited to announce that a national magazine will soon be featuring this business as well. Their commitment to excellence is reflected in their stellar reviews: A perfect 5-star rating on TripAdvisor and Facebook, and an impressive 4.8 stars on Google!

The sale of this business is due to our client's personal health issues, which has made it difficult for them to continue operating the restaurant. They are keen to find a buyer who can take over and continue the success they have built over the past two years.

This is a rare opportunity to acquire a thriving restaurant in a sought-after location with tremendous potential for further growth. With an established customer base, excellent reputation, and a prime location, this business is poised for continued success under new ownership. Don't miss out on this chance to own a piece of Liverpool's culinary scene.

For more information and to arrange a viewing, please contact CoGoGo today!

Location
The restaurant is located in the heart of Liverpool's dining district and just a 2-minute stroll from the vibrant bars and nightlife in Ropewalks. The area is a bustling hub, attracting both locals and tourists alike, ensuring a steady stream of customers throughout the day.

Premises
KaiBaiBo occupies a cozy, single-fronted premises adorned with eye-catching signage that immediately draws attention from passersby. Inside, the layout is thoughtfully designed, with a welcoming seating area at the front where customers can relax. The service area, conveniently positioned just beyond the seating, provides efficient and friendly customer interaction. At the rear of the premises, the kitchen is tucked away, ensuring a seamless flow between the preparation of dishes and their delivery to the front, all within a vibrant and inviting atmosphere.

Tenure
This opportunity is being sold on a Leasehold basis with 3.5 years remaining on a 5 year lease.

The current rent is £31,000 per annum.

Hours
The current operating hours are:

Monday - Closed

Tuesday & Wednesday - 5:00pm to 9:00pm

Thursday - 12:00pm to 9:00pm

Friday & Saturday - 12:00pm to 10:00pm

Sunday - 12:00pm to 9:00pm

Alcohol License 12:00pm to 11:00pm

Staff
The business is run and managed by our client with the help of 3 full-time and 5 part-time staff members.

Financial Profile
This business generated a turnover of £350,000. Full financials can be made available upon further request.