Business for Sale Overview:
This is the most recognized / respected Wine, Beer & Spirit Store in the Country and a Washington, DC LANDMARK. Seller averages $1.8 million to $2.3 million annually with cash flow to owner close to $366,000 to $500,000 annually. Located on the hottest block of DC with very affluent clientele and the largest selection of Wine & Spirits. It is rated best Wine & Spirit selection in the nation every year by Wine Spectator Magazine. Absolutely no immediate competition. Blocks away from China Town, DC Convention Center, Exclusive Hotels, Law Firms, the Capital and many Fine Restaurants. Pre-approved for a $600,000 SBA loan at 5% for a qualified buyer, in addition seller will finance $100,000 of the inventory for 4 years at 6%.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Reason for Selling:
Relocating to California
Additional Details:
- The property is leased.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.