Bar group sets its sights on further expansion across the North

The team at bar group, MOJO, are celebrating more than usual with the announcement of a 9.48% increase in turnover for quarter three. (July to September 2019).

It is a year-on-year rise for the company, with an increase in EBITDA to 20.59% which equates to a leap of 59%.

The business said this demonstrates an acceleration in its profitability which has been steady throughout 2019, with an EBITDA improvement of 3.35% from 13.24% in 2018 to 16.59% in 2019.

MOJO opened in Leeds in 1996 and now has bars across the North in Harrogate, Manchester, Nottingham and Liverpool.

Director Martin Greenhow says, “I think many in the industry are feeling a bit of a pinch this year so it’s great that we are bucking the trend. The improvement in results is due to the company’s refocus on guest experience through staff training and development following the strategic realignment of the direction of the business.

“The recruitment of James Hudson as head of training, business development and human resources as part of the implementation of our in-house training facility, has been a huge contribution to this increase in turnover.”

He added that the group is looking for further expansion across the region over the next five years.