Top Notch Liquor Store On Main Ave In NW DC
Not Disclosed, DC District Of Columbia County
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- RE: Top Notch Liquor Store On Main Ave In NW DC
- Contact: Matthew Maier
Quick Facts
| Asking Price: | $1,000,000 | |
| Annual Revenue: | $1,054,970 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $298,256 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $150,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1990 | |
| Employees: | 2 | |
| BBN Listing #: | 1002506 | |
| Broker Reference #: | 090122-858132 |
Business Overview:
Top Notch Liquor Store on Main Ave in NW DC NETS $ 298K!
Prime Location 35 Plus Yr Old Class 'A' DC ABRA License Here's your chance to live in and own a busy Liquor store on a main avenue in our Nation's capital. After 35 years, the owner is looking to retire and sell his long-standing and profitable retail liquor store located in a high-traffic corridor of Washington, DC.
Known for its wide selection of spirits, wines, and beer, the store has built a strong customer base within the local residential and commercial community. This turnkey operation is ideal for an experienced operator or an investor seeking a stable, proven retail business with room for expansion. Located next to other stores and restaurants this area gets heavy foot traffic but there is also street parking close by for people to park real quick and run in. The owner owns the property and will become the landlord. The rent is for the store as well as the 2 bed 1 bath apartment upstairs. If not lived in, the apartment can sublet or set up as an AirBnB.
ATTENTION SERIOUS BUYERS All bona fide buyers please send appropriate financials and you will have a response. This is an ideal opportunity for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the amazing business in NW DC, or who is looking to add another store at a prime location or who are looking to buy the first fantastic store at the right super busy street location.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION!
ESTABLISHED SINCE: 1991
Location: Staple Liquor Store of the Community on Super Busy Street Business Opportunity: Wines, beers & Liquor Business Hours: Sun 1pm-9pm M-Sat 11am-11:30pm Highly Profitable Site Net Margins: 35 %+/-. Sales: $1,188,000.00 (Including sales tax ) Net income/SDEs: $ 300,000 Yearly Revenue and Profit Trends: Remains Steady Product Mix: Wine: Liquor: Beers - 55% : 25% : 20% Inventory: $200,000 (approx.) NOT included in the asking price New lease: 10 year lease, $15,000 a month Landlord quality: Excellent, current owner Sales Price: $1,000,000.00 (excl. Inventory)
OR INTERESTED SERIOUS PARTIES PLEASE CALL
Matthew (AKA Matt) Maier - Business Advisors, Downtown Washington DC, Annapolis & Baltimore) TransWorld Business Advisors
Contact the Seller:
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Reason for Selling:
Retirement. 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:
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