Neighborhood Liquor Store in NW DC

Not Disclosed, DC


Asking Price: Annual Revenue:
$450,000 $800,000

Food & Beverage: Liquor Stores


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RE: Neighborhood Liquor Store in NW DC Broker: Erik Woodworth
Owner Financing is Available!
$150,000.00

Quick Facts

Asking Price: $450,000
Annual Revenue: $800,000
Net Profit: Not Disclosed
Cash Flow: $100,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1929
Employees: 2
BBN Listing #: 128349765
Broker Reference #: 77441-992436

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Business Overview:

One of the oldest liquor stores in Washinghon DC with a great tradition of both friendly personalized service and well selected craft beers, fine wines and spirits.

Wide frontage on main street of this eclectic and vibrant commercial district within a dense and close-in residential neighborhood with mix of high affluence and middle-to-lower income households within the broader Columbia Heights / Mount Pleasant / Adams Morgan area of Northwest DC. Excellent vehicular and foot traffic.

Lottery and tobacco sales.

Best suited for a full time owner-operator with part-time assistant(s).

Approximately two more years left on lease but opportunity to negotiate longer-term lease with landlord.

Current owner has been at this store for over 15 years and is ready to retire. He may offer some seller financing subject to credit review - all reasonable offers considered.

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Reason for Selling:

Retiring

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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