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Reputable Coffee Shop In Lincoln For Sale

Lincoln, Lincolnshire, UK
Asking Price:
£85,000
Sales Revenue:
£248,176
Cash Flow:
Available on request

Business
Please quote reference B06940

Hilton Smythe are pleased to have been given the opportunity to manage the sale of Coffee by the Arch which is a well-established Coffee Shop / Cafe / with a renowned reputation amongst local residents. This is a superb opportunity to take on a popular, profitable and well used local business in an area teeming with customers.

There has been a café business at this site for some years. The current owners took over the business at the beginning of 2020 and it has flourished under their ownership accruing an impressive number of regular customers and a burgeoning reputation. The business has been a real labour of love for them and they have succeeded in their dream of taking the business upmarket and making this the best coffee shop in the city.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the owners wishes to pursue a change in direction and move to sunnier climes. . They are keen to see their beloved coffee shop / café pass to an ambitious and entrepreneurial new owner(s) who can take this already thriving business to the next level

Coffee by the Arch enjoys a great reputation and has an impressive number of regular customers many of whom are known on a first name basis by the owners who are popular and well respected members of the local community.

The business serves traditional fare that is freshly prepared on the premises using local ingredients wherever possible. The menu includes

Hot and cold drinks ( best coffee in town reputedly!)
Teas
Toasties
Homemade cakes and pastries
Porridge
Flapjacks
Juices

The business is proud of its five star hygiene rating. Coffee by the Arch has a generous outdoor eating area perfect for Al Fresco lunches or simply sitting with a coffee and cake watching the world go by!

The sale will include the company Facebook page and the business enjoys great visibility on the internet via websites such as ---.-----------.--.--, ---.----.---, ---.----.--.-- etc.

The business benefits from some wonderful reviews online such as;

“Friendly staff, nice coffee, dog friendly, provided a water bowl for our dog”

“Always yummy food, great coffee and efficient service”

“Really good cup of coffee and some cracking cakes on offer.

Scope to Improve

Advertising and marketing campaign
Website, ideally with an online ordering facility
Extend the opening hours perhaps opening as a bistro in the evenings
Introduce a customer loyalty card/ scheme
Explore online delivery options from the likes of Just Eat and Hungry House
Expand the outside catering side of the business
Introduce a sandwich round delivering to local businesses at lunchtime.

Reasons to Buy

A well established business with an enviable reputation and many existing customers
Prime trading position in the centre of Lincoln with loads of footfall
All fixtures and fittings included making this a real Turnkey business opportunity
Ideal owner managed or partnership business
Low running costs with inexpensive rent and no business rates
Current owners happy to offer a handover to ensure the continued success.

All fixtures, fittings and equipment included in the sale making this a real Turnkey business opportunity. The owners estimate the assets to be in the region of £25,000.

Very rarely do coffee shops of this calibre come to the open market so early enquiry is highly recommended.

This lovely little business is likely to attract considerable interest.

Location
Coffee by the Arch is located in Lincoln.

Lincoln is a cathedral city and the county town of Lincolnshire. The 2011 census gave the urban are of Lincoln a population of 115,000.

Lincoln is 157 miles north of London. The city lies on the A57, A46, A15 and A158 roads.

The city has a railway station and provides services, from its 5 platforms to Newark, Sheffield, Leeds, Nottingham, Grimsby and Peterborough. Eastern Railways runs services to London Kings Cross.

The city is a tourist centre for visitors to historic buildings that include the cathedral, the castle and the medieval Bishops Palace. Lincoln Castle is just a stone’s throw from the business with the entry arch to Old Town just visible from the front of the premises.

The business is ideally situated in an unusually busy and vibrant tourist area in arguably the best trading position in Upper Lincoln and thus benefits from high levels of footfall and passing trade along with regular custom.

The business is beautifully presented and maintained with clear visible signage and distinctive livery. The site is easily accessible by foot and there are a number of inexpensive public car parks within easy walking distance.

Premises
The business occupies the ground floor of an attractive, period style property. It is beautifully presented and fastidiously maintained and briefly comprises;

Coffee shop

Double fronted with windows and half glazed door to front creating a light airy and inviting interior, pleasing upmarket feel with expensive looking wood effect flooring, feature pendant lighting, breakfast bar with high stools, leather effect sofa, nice quality tables and chairs currently providing approximately 12 covers, tongue and groove panelling to dado height, feature brick effect wall paper, larder fridge, refrigerated glass serve over counter, open drinks chiller, top of the range La Spaziale coffee machine (owned outright), grinder, stainless steel urn

WC and Storeroom located to the rear of the trading area.

To the front of the premises is a large dining area (pavement licence included) with tables and chairs providing 28 covers.

Tenure
We are advised the business is being sold on a Leasehold basis with 2.5 years remaining on the Lease, the rent is £7,764 which is incredibly reasonable given the size and location of the premises.

Hours
The business trading hours are:
Monday : Closed

Tuesday to Saturday: 08:00am - 17:00pm

Sunday - 10:00am - 16:00pm

Staff
The business is run and managed by the owners, with the help of 2 full-time, 1 permanent part-time and a number of casuals staff.

Financial Profile
We are advised the business generated a turnover of circa £250,000 as of 2021, further financial information can be made available upon request.

Please quote reference B06940

Property Information

Property:

Leasehold

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