Absentee, SBA Pre-qualified, Top Corner Liquor Biz
Washington, DC District Of Columbia County
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- RE: Absentee, SBA Pre-qualified, Top Corner Liquor Biz
- Contact: Aamer Chaudhary
Quick Facts
| Asking Price: | $1,200,000 | |
| Annual Revenue: | $1,402,597 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $407,140 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $230,475 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1943 | |
| Employees: | 4 | |
| BBN Listing #: | 938328 | |
| Broker Reference #: | 090122-156975 |
Business Overview:
2023 Sales up 19% | Class 'A' DC ABRA License | Low Rent | Free Standing Highly Visible Top Corner Location | Highly Profitable
Do not want to deal with tire-kickers. If you truly interested send appropriate financials or you will not receive a response. Please dont waste our time and we wont waste yours. This is a fantastic opportunity for an experienced buyer. 95% of business is with the local neighborhoods. Fast moving inventory of $ 395,000/- (approx) is not included in asking price.
Established since: 1943
Location: High visibility corner with parking available
Area: Highly sought after DC Location
Neighborhood Liquor & Wine Store. Short hours, updated store, highly profitable site.
Average Net Margins: 36 %+/-.
Sales: $ 1,402,000.00 ( Including sales tax )
Wine: Liquor - 50% : 50%
Cash Flow: $407,140.00
4,895 SF Store + 1,000 SF Warehouse with low monthly rent of $10358/- (nnn). Long term lease.
Majority Customers Type: Well established large size commercial and residential areas
Yearly Revenue and Profit Trends: Steadily growing
This is a cash cow business.
Hours of operation: SUN-WED: 9.30-10, THU-SAT: 9.30-11
Proof of Funds Required (upfront).
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Property Features and Assets:
Monthly Rent: $10,358.00
Square Units (Foot, Meter): 4,800
Lease Expiration Date: May 30, 2028, 9:00:00 PM
Terms Options: NNN
Facilities: State of the art facilities well supporting the day to day operations and conduct of business and successfully meeting customers expectations. Very Attractive Facility. Good Visibility and Signage. Approximately 4800 SF. Long Term Lease Available. Very Safe, Upscale Area of Town.
Market Competition and Expansion:
Competition: Low competition thanks to their strategic location as this store much bigger than other stores in the areas and other stores lack such huge variety and they are more expensive due to low sales and lower customer choices.
Expansion: Strong growth potential with higher levels of profitability forecasted in the coming years as customers are happy with the business and its prime corner location, the variety of products and services it offers backed by better management in place. This business has become an undisputed local business brand in the area enjoying stronger brand quality and equity. Business knows their customers in terms of their evolving needs and wants and customers know this business for decades.
Reason for Selling:
retiring
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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