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- RE: 100 Yr Old Thirving Upsale Downtown DC Liquor Biz
- Contact: Aamer Chaudhary
Quick Facts
Asking Price: | $1,285,000 | |
Annual Revenue: | $1,034,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $360,000 | |
Total Debt: | Not Disclosed | |
FF&E: | $110,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1921 | |
Employees: | 2 | |
BBN Listing #: | 990911 | |
Broker Reference #: | 090122-900461 |
Business Overview:
2024 Sales up 15% with Steady Profit Margins | Owner Absentee | SBA Prequalified | Class 'A' DC ABRA License | Low Rent & Long Term Lease | Super Visible Walking Distance Location from The White House | Highly Profitable
For over 94 years, this local magnet brand on super key ave has been providing its downtown DC customers with large varieties of wines, liquors and beers product brands in very inviting, comfortable retail settings.
Owner (2nd from the original founders) for over 4o years, has successfully established this great business backed by satisfactory customer experiences, built long lasting relationships with key suppliers/vendors and have been consistently maintaining vast products lines at attractive prices, with user friendly processes and management system in place which makes this business opportunity amazing for the new owner/s to immediately capture a solid footprints in one of the best downtown Washington DC areas.
Over the decades the Company has well crafted its excellent relationships with permanent patrons in order to maximize efficiency in the store by keeping day to day operational and COGS under control to enjoy stronger net cash flows each year consistently. The results, a profitable, well reputed, well-run, well-staffed business ready for new ownership to step in and take it to the next level in coming years.
Do not want to deal with tire-kickers. If you are truly interested in this value investing and long successful business opportunity, please send us your financials (including past 3 years tax returns) or you will not receive a response. Please dont waste our time and we wont waste yours. This is a once in life and rare opportunity for an experienced buyer and selling only for the reason that owner is older and retiring and he has no succession plans in place. 85% of business is with the local neighborhoods and store gets crazy business when tourists and visitors hit downtown DC o on any business events. Fast moving and well balanced inventory of $ 237,000/- (approx.) is not included in asking price.
Established since: 1921
Location: High visibility busy NW DC Ave, with ample parking available
Area: Highly sought after Downtown DC Location
Average Net Margins: 39 %+/-.
Sales: $ 1,085,146.55 (2024)
Wine: Liquor: Beers - 50% :40% :10%
SDEs/Cash Flow: $336,807.85 (including cigarettes, ATM, lottery, tips and grocery items incomes)
2,395 SF Store + SF (incl. basement storage facility) with low monthly rent of $8,300/- (with CAM).
Lease terms: 10 years.
Majority Customers Type: Well established residential and commercial
Yearly Revenue and Profit Trends: Steadily growing
Hours of operation: SUN-WED: 11AM-8PM, THU-SAT: 11 AM-7PM
Proof of Funds Required (upfront).
Seller Financing: Is available for high quality credit customer, against inventory only.
ONGOING FANTASTIC PERFORMANCE IN 2025 (Sales Performance and growth trends are persistent):
From January and April 2025, the business is growing around 17 % comparing with 2024, while profit margins are remaining intact over 40%.++ per the owner. Also, they are positively looking forward for a consistent full year performance with sales growing up to $ 1,490,000.00, with net income to remaining well intact.
THE POWER OF STRONG GROWTH POTENTIAL FOR YEARS TO COME FOR THE NEW OWNER
Business and its landmark location offers following growth opportunities to the buyers:
- Digital marketing launch can help boost business to reach larger groups of customers and thereby creating a stronger presence amongst the younger crowds as well as online sales for deliveries in 10 miles radius to customers and private parties supplies
- Delivery services to retail customers, private parties and commercial customers including restaurants and bars /governmental agencies all around DC
-Extended operational hours from 9 am to 12 am may further amplify the business as other liquors stores are open in the area till that time
- Digital marketing launch to reach our larger groups of customers to have stronger presence amongst the younger crowds
- Online sale is another area where the new owner has the opportunity to further grow the business since the existing owner is not doing that
RARE VALUE INVESTING OPPORTUNITY
Must see to appreciate. Anyone interested must sign a confidentiality agreement with proof of funds before releasing any information. Please inquire for more details and learn how you can buy a business and know how we can help you use the creative and practical financing options, including the easy sellers financing to get a deal done!
THE UNMATCHED TRANSWORLD VALUE
This The White House Area downtown DC-based store for sale is proudly offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.
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Property Features and Assets:
Market Competition and Expansion:
Low competition thanks to their strategic location on the busy NW main ave as this store is easily accessible than in other areas and offering large options to to meet customer choices at reasonably low prices. Competitive advantage this business enjoys because of their location and just location which is top notched, surrounded by long established residential communities as well as commercials around the area, including top hotel brands Additionally, rent is extremely low ($8,300/- monthly - incl. non) with long term lease. Lower rent always adds to the bottomline of the business year on year.
The business is a net winner in the competitive landscape in the area (1 miles radius) as they are like a supermarket and all kinds of products are easily available for the buyers. They are also selling other fast moving items (grocery and food items) that are not subject to high taxes. Additional complementary items like soda and juice, dry fruits, chips, lottery, cigarettes, are offering high-profit margins (up to 70-100%).
Strong growth potential exist with higher profitability forecasted in the coming years as customers are happy with business and its prime main ave downtown DC location on top of variety of products it offers backed by better management in place. This business has become an undisputed local staple brand in the area and enjoying stronger brand equity. For around 4 decades the management knows their customers in terms of their evolving needs and wants and customers know this business for decades as a value provider happy place.
Going forward the following marketing strategies and other cost effective tools/ techniques will further help boost the business for the new owner:
-direct mails (to further reach out local communities)
-on site marketing (weekly wine tasting and promotions to drive in more customers)
-online marketing and sales (currently online sales are non-existent due to owner is old school businessman however other stores are doing it to capture millennials and universities students' communities and other younger customers who buy from online purchase options (for their private parties) and willing to pay more money and other liquor stores are offering such services in DC)
-digital marketing campaigns will add more sales in future
extended working hours (store can stay open till 12 am) that will boost sales furthermore.
Reason for Selling:
retirementAdditional 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
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