Profitable Absentee Owned Liquor Store:MRB DC 1220

Washington, DC

MRB DC 1220


Asking Price: Annual Revenue:
$325,000 $1,000,000

Food & Beverage: Liquor Stores


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RE: Profitable Absentee Owned Liquor Store:MRB DC 1220 Broker: Sam Saa

Quick Facts

Asking Price: $325,000
Annual Revenue: $1,000,000
Net Profit: Not Disclosed
Cash Flow: $200,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 184626586
Broker Reference #: MRB DC 1220

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Business Overview:

Profitable absentee owned liquor store in NW DC. This liquor store is located on a main road surrounded by office buildings and residential apartments with heavy walking traffic.
The current owner of this shop is ABSENTEE and profiting $200,000 annually. The current average sales are around $1,000,000 per year. With a hands on owner this shop can easily increase profits and sales by watching over day to day operations.
Extremely cheap rent at $3,500 per month with an excellent lease. The current owner is retiring and selling off all of his businesses.
All interested buyers will need to show proof of funds for the purchase price as well as about $250,000 in inventory.
Please inquire for more details.

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Property Features and Assets:

Rent: $3,500 Size: 1,500 Term: 5 years with 2/5 year options All FF&E included. Buyer will need to purchase all inventory.

Market Competition and Expansion:

The current owner of this shop is ABSENTEE and profiting $200,000 annually. The current average sales are around $1,000,000 per year. With a hands on owner this shop can easily increase profits and sales by watching over day to day operations. Great opportunity for hands on owner or family business.

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.

Documents:

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