Request More Information Contact the Seller

  • RE:  Absentee, SBA Appvd,90yr Old DC Classic Liquor Biz
  • Contact:  Aamer Chaudhary
Owner Financing is Available!
Financing Amount $100.000,00 ROI 7% Terms 7 M Monthly Pay $4.750,00

Quick Facts

Asking Price: $525,000
Annual Revenue: $417,198
Net Profit: Not Disclosed
Cash Flow: $180,248
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 1936
Employees: 2
BBN Listing #: 1009844
Broker Reference #: 090122-243196

Email or Print Listing

Business Overview:

Absentee Business Opportunity | Super Cash Flowing Store | Class A ABRA Full Liquor License | Busy Main Street | $ 4,400 Monthly Rent + NNN I Top Notch Loyal Clientle | Great Landlord | High Net Proft Margins of 41% | Efficient & Effective Low Costs Business Model/Ops

LOCATION, LOCATION, LOCATION
Located in one of Downtown DCs most desirable areas, on a key avenue, they have been a thriving business model for many years and will continue that rich tradition for many generations to come. This long established wines and liquors business is a great source of consistent income that have been steadily increasing over the years, owned by the same owner from 1992. Like a good Whisky, this business has aged with character, reputation and depth.

Owner is highly motivated to sell as he is retiring because of aging but wants to leave his legacy in good hands.

Possessing great visibility on a landmark BUSY intersection of a key street neighboring large commercial and residential districts effectively providing great convenience for all kinds of local and passing customers.

Parking is available all around allows them to skip the hassle of parking, which is always nice to have in downtown area.

KEY BUSINESS FACTS:
2025 Sales up 14% and increasing in 25-27% in 2025.

Serious and bona fide buyers send appropriate financials and you will have a response. Ideal opportunity for an experienced industry buyer to enter and grow their portfolio at the well established landmark downtown DC location, who is looking to add another store at a prime location as well as who are looking to buy the first store at the right place.

ESTABLISHED SINCE: 1936
Location: High Visibility Corner
Business Opportunity: Wines & Liquor with Short Hours,
Highly Profitable Site Net Margins: 41 %+/-.
Sales: 415,000.00 
Yearly Revenue and Profit Trends: Steadily
Growing Wine: Liquor - 70% : 30%
Inventory: $160,000 (approx.) included in the asking price (fast moving variety)
1010 SF: Store with low monthly rent of $4,400 (nnn).
Long term lease (5yrs plus 5 yrs options).
Majority Customers Type: Well established large commercial, residential areas and visiting tourists.
Over 90% of the business comes from established local customers (white color and middle income groups).
Owner Involvement: Absentee Owner

KEY DIFFERENTIATOR/COMPETITIVE EDGE
With the famous George Washington University just south of the district, and other universities/colleges, globally known/operated office buildings including, IMF, The World Bank Group, International Finance Corporation, US Chamber of Commerce, leading hotels brands, The White House, as well as hyper active traffic of tourists and students throughout the area offer vastly abundant growth opportunities for business with the right committed buyer. The university's Homecoming event alone accounts for major week's average worth of income. Thanks to close proximity, Virginia commuters also often stop by while passing through on their way home, after work.

Reason for sale: Retiring
A good business for cash flowing value investors.
Proof of Funds Required. Seller financing is available (if needed)
Hours of operation: MON-SAT: 10.30AM-7PM (Sundays are off)

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION FOR BUSINESS OWNERS:
We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me. Our buyers are already qualified and willing to invest their time and money toward a business like yours.

FOR INTERESTED PARTIES PLEASE CALL:
Aamer Chaudhary (President/CEO Transworld Business Advisors, Downtown DC, Annapolis & Baltimore) & We shall contact soon.

Contact the Seller:

To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.

Property Features and Assets:

Established since 1936 and successfully being serving the makretplace.

Strategically located, reputed wines and liquors store has seen many cycles of boom and burst and has not only surived but thrived all along at the heart of glorious downtown DC.

Professionally operating and serving the local communities with wide range of wines, liquors and spirits varieties to the market that includes all kinds of working and residential classes as well as huge number of tourists influx in the area.

Thanks to their impeccable past they have built a lasting reputation of an excellent store offering high quality products and fantastic services throughout its remarkable history.

Market Competition and Expansion:

This owner absentee business whereas, the owner showing up only few times a month.

Given the fact that the current owners are not fully involved and are old school and therefore, for the new owner operator or experienced operators / right buyer are going to enjoy huge growth potential to increasing revenue /profit by adding following industry's best business practices;

1) Online store/presence
2) Digital marketing campaigns
3) Start deliveries till late hours & weekends
4) Target corporate and private event supplies
5) Commence wine/liquor tasting
6) Promote the business in local circles and penetrate restaurants and bars market by hiring a 1099 sales associate that may further create new business
7) Extend operations hours by 30-35 hours weekly (stores are open till 1 am in the area)

LOCATION, LOCATION, LOCATION
Located in one of Downtown DCs most desirable areas, on a key avenue, they have been a thriving business model for many years and will continue that rich tradition for many generations to come.

FORECASTED RESULTS FOR THE FUTURE
After successfully and effectively implementing the above marketing strategies (best business practices in liquor industry), the new owner has the potential to increase overall monthly sales by around $15-20K because this a fabulous location with high foot and street traffic that offers value to further build the Lotto, Check Cashing, Money Gram, Money orders, ATM business-and related money-making opportunities.

Low, because there are no other nearby wines and liquor stores within 1 miles radius that are offerings such varieties in the area, making this business a low competition one with being very convenient for local residents as well any passing customers as one of the good go to stores to meet their needs. Parking is easy.

Reason for Selling:

Retiring. Kindly ask the seller for more information.

Additional Details:

  • The property is Leased.
  • This is not homebased business opportunity.
  • This is not a franchise resale opportunity

Relevant Links:

Request More Information

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

    Add Businesses and/or Franchises
    To Basket For Free Information

    This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Review our cookies information for more details.