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- RE: SBA Appd|Top Location Liquor BIZ NET 171K| New DC
- Contact: Matthew Maier
Quick Facts
Asking Price: | $550,000 | |
Annual Revenue: | $596,716 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $151,011 | |
Total Debt: | Not Disclosed | |
FF&E: | $150,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1972 | |
Employees: | 1 | |
BBN Listing #: | 999153 | |
Broker Reference #: | 090122-520874 |
Business Overview:
SBA Appd | Top Location Liquor BIZ NETS 171K | Main Ave NW DC!!
Brilliant Store | 50 Plus Yr Old Class 'A' DC ABRA License | Low Rent | Busy Area !!!!!!!!!!
LOCATION, LOCATION, LOCATION!!!!!!!!!!!!! Located in one of DCs most desirable areas in the NW, this SBA prequalified thriving business model has been a proven success for decades and will continue that rich tradition for many generations to come with the right buyer.
An unparalleled opportunity in America's National Capital with great location on the key main ave. This exclusive long successful establishment stands alone in the market, free from competition and nestled amidst the most coveted demographic imaginable. Business is surrounded by top businesses such as Target, Wholefoods Market, American University, Ace Hardware, Panera and other top-rated franchises that underpins continuing flow of customers throughout the year.
This is an excellent investment opportunity that you won't want to miss. The business has a loyal clientele for decades. The business also has stable and constant flow of walk-in customers throughout the year.
THE BUSINESS MODEL
Specializing in only the finest, ultra-premium brands wide range of products, the business caters to an elite clientele, offering an experience of luxury and sophistication. What sets this wine and liquor store apart is its turnkey, soothing ambience, allowing for effortless day to day business ownership. This cutting-edge feature ensures seamless operation and efficiency, making it an attractive investment for those seeking a hands-off approach. Moreover, the store boasts the most advanced temperature-controlled storage facilities currently available in the market, preserving the quality and integrity of their exquisite collection.
This turnkey solution business opportunity is ready for you to step in and continue the legacy of unwavering customer loyalty and success.
SBA APPROVALS IN PALCE
SBA approvals are in place from leading 7a SBA lending banks for business acquisition for the tenor of 10 years along with the working capital line, and can be used by qualified buyers for ongoing growth opportunities.
KEY FINANCIAL PERFORMANCE FACTS:
Sales are expecting to be growing 14-17% in 2025 and net profit is steady.
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: 1972
Location:High Visibility on Super Busy Street Business Opportunity: Wines, beers & Liquor with Short Hours, Highly Profitable Site Net Margins: 28.66 %+/-.
Sales: $596,716.00 (Including sales tax )
Net income/SDEs: $ 151,011.00
Yearly Revenue and Profit Trends: Steadily Growing
Product Mix: Wine: Liquor: Beers - 50% : 40% : 10%
Inventory: $89,000 (approx.) NOT included in the asking price (fast moving varieties)
Long lease: Long term Store size 1,495 square feet Low Monthly Rent $ 7,119 (NNN) with standard DC 3% Annual Lease increases) - 5-year lease plus 5 years option (10 years lease).
Landlord quality: Excellent and Low Rent
No Deliveries. No Lottery, No Check Cashing and No ATM (All of these can be added to boost future incomes furthermore).
Employees Full time 1 Part time 1
Sale Price: $ 550,000.00 (Excl. inventory.)
LOYAL CUSTOMERS BASE TYPE
Well established mixture of large retail, commercial, areas and visiting tourists in the area all year round. Over 90% of the business comes from established local residential areas customers having high household incomes.
KEY DIFFERENTIATOR/COMPETITIVE EDGE
Thanks to close proximity, Maryland and Virginia commuters also often stop by while passing through on their way home, after work.
The owner has long experience in the liquor business and has effectively kept operational costs under control for long years and that's how has profited stronger net margins consistently.
Reason for sale: Retirement
A good business for cash flowing value investors.
Proof of Funds Required. Seller financing is available for inventory only Hours of operation: MON-SAT: 10PM-7PM (Sundays are off)
THE UNMATCHED GLOBAL POWERHOUSE TRANSWORLD VALUE
This once in a lifetime business opportunity is for sale with property is proudly offered by Transworld Business Advisors, the number one business brokerage firm 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.
FOR BUSINESS OWNERS, LETS HELP US SELL YOUR BUSINESS CONFIDENTIALLY
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 us. Our buyers are already prequalified and willing to invest their time and money toward a business like yours in order to buy it soon.
All communications are kept STRICTLY CONFIDENTIAL for the sale of your business.
FOR INTERESTED PARTIES PLEASE CALL
Matthew Maier,
Business Advisor & Consultant at Cell (571) 268 1884 or by email Mmaier@tworld.com or
Aamer Chaudhary (President/CEO Transworld Business Advisors,
Downtown DC, Annapolis, MD & Baltimore, MD) at Cell (202) 509 3739 or (703) 457-0362 Or Off (202) 461 2204 or by email, Achaudhary@tworld.com & We shall contact soon.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
Strong growth potential with high levels of profitability forecasted in the coming years as customers are happy with the business and its prime corner location, the variety of products and services. Business knows their customers in terms of their evolving needs and wants and customers know this business for decades.
Going forward the following marketing strategies and cost effective tools/ techniques will further help boost the business for the new owner:
-renewing focus on liquor, wine and spirits products
-deliveries to retail and commercial customers in DC and beyond
-direct mails (to further reach out local communities)
-on site marketing (weekly promotions to drive in more customers)
-run wine tasting events and allow customers to sample beverages)
-online marketing and sales (currently online sales are not happening whereas millennials and universities students' community are seeking online purchase options (for their private parties) and willing to pay more money for their purchases 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 pm or 1 am) that will boost sales especially on the weekends and public holidays
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:
- View more District of Columbia businesses for sale
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