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Business For Sale
WELL KNOWN LIQUOR STORE!
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Asking Price: |
$1,800,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Liquor Stores
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Reason for Selling:
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Moving out of state |
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Year Established:
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1934 |
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# of Employees:
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3 Full Time |
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Yearly Cash Flow:
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$500,000 |
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Yearly Gross Income:
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$2,300,000 |
Business for Sale Overview:
Very nice & cozy looking liquor store located in a very busy location of N.W. Washington D.C. Open 6 days per week from 10am-8pm Monday-Saturday. Utility bill is $600 per month. Sales are broken down as follows: Beer is 7%, Wine is 65%, and liquor is 25%, Miscellaneous is 3%. This is a Landmark liquor store location that has been serving the community for many decades!
Property Features and Assets:
Very large 3 level liquor store that is well furnished & stocked. Approximately 5,500 square feet. It has been open for many years and in excellent condition. Rent: $14,300 per month includes everything. 4 years left on lease. Landlord will give 2 (five) year option as well, possibly more!
Market Competition and Expansion:
Prime location.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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