Coronavirus recovery: Mojo sees like-for-like sales up and is set to open new site

By Michelle Perrett

- Last updated on GMT

Expansion plans: the company said that it was also about to open its sixth site in Sheffield
Expansion plans: the company said that it was also about to open its sixth site in Sheffield

Related tags: Coronavirus, Multi-site pub operators, Leeds, Finance

Mojo, the soon to be six-strong Leeds based bar operator, has reported a 70% increase in like-for-like turnover compared to its 2019 figures.

The company said that it was also about to open its sixth site in Sheffield despite the impact of the pandemic. The company said it also had further expansion plans.  

In 2014,  Mojo revealed that it had plans to extend to at least 10 sites​ with its sights initially set on London. The chain had three sites at the time in Leeds, Manchester and Liverpool. 

Mojo said it also was celebrating “dramatic increases” in like-for-like trading on its Q3 2019 figures. 

Steady acceleration

The operator said it had demonstrated a steady acceleration in profitability throughout 2019 nd despite Covid-19 related hindrances such as staff shortages due to enforced and recommended isolation and ongoing shortages in the supply chain still affecting the business it was trading strongly.

“Despite many stumbling blocks due to Covid-19, I’m delighted to announce that Mojo has reported a 70% increase in like-for- like trading when compared to our 2019 figures. 2020 was a well documented disaster for our industry and I’m thrilled to be able to grow the group and its success even further in 2021,” said director Martin Greenhow. 

“The hospitality industry was one of the industries that was hit the hardest by Covid-19, the various lockdowns and the new rules and regulations but despite this we’ve managed to deliver a hugely successful return to normal operations in 2021.

Growing portfolio

Mojo opened in Leeds in 1996 and now has bars across the North in Harrogate, Leeds, Manchester, Nottingham and Liverpool and is soon to be opening its sixth bar in Sheffield. 

Recently, Rekom UK, the 42-strong nightclub operator, told The Morning Advertiser ​it had seen a surge in people returning to nightclubs with trading currently 150% up on its 2019 figures.

The Frisco Group, the three strong multiple pub operator, has revealed it has seen a rise in food sales after the removal of Coronavirus restrictions.

Related topics: Other operators

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