Lincoln Angel Coffee House up for sale

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A popular Lincoln coffee business is up for sale.

Angel Coffee House, which is based on Free School Lane, is up for sale with an asking price of £112,000.

Currently, the business – which will remain open throughout the selling process – has a turnover of £177,102, with a net profit of £40,000.

Now, the independent cafe firm is looking for a new owner which can help grow the business further.

Despite firm foundations set, there are ways in which the business can be grown.

At present, the café offers no delivery service, it has been suggested that a new buyer could partner a relationship with upcoming food delivery services such as UberEats and Deliveroo, exposing the bar to a younger audience.

The current owner is also willing to stay on for a transitional period for as long as required, if needed, to show a new buyer how the business operates.

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