Asking Price: $525,000High End 90yr Old Downtown-DC Liquor Biz Profits $ 176K!!
Not Disclosed, DC
District of columbia County
Absentee Business Opportunity | Absentee | Super Cash Flowing Store | Class A ABRA Full Liquor License | SBA Approved | Busy Main Street | $ 4,400 Monthly Rent NNN I Top Notch Loyal Clientle | Inventory Worth $ 160K Included in Sale Price| High Net Proft Margins of 41% | Efficient & Effective Low Costs Business Model/OpsLOCATION, LOCATION, LOCATIONLocated 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: 1936Location: High Visibility CornerBusiness Opportunity: Wines & Liquor with Short Hours,Highly Profitable Site Net Margins: 41 % /-.Sales: 415,000.00 Yearly Revenue and Profit Trends: SteadilyGrowing Wine: Liquor - 70% : 30%Inventory: $143,000 (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 OwnerKEY DIFFERENTIATOR/COMPETITIVE EDGEWith 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: RetiringA 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 at achaudhary@tworld.com. 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) at Cell (202) 509 3739 or (703) 457-0362 Or Off (202) 461 2204 or by email, Achaudhary@tworld.com & We shall contact soon.
