SBA Apprvd. | Rare Quality Liq BIZ NW DC NETS $ 17

NOT DISCLOSED, District of Columbia

Asking Price $475,000 Year Established 1936
Annual Revenue $417,198 Reason for Selling Retiring  
Annual P/L $0 Attention Aamer Chaudhary
Annual Cash Flow $176,019 Listing Number 1009844  
# of Employees 2 Business Category Food & Beverage: Liquor Stores

Business Overview:

Rocksolid Growth Potential Through Digital Marketing & Online Delivery in 5 Miles Radius | Surrounded by Affluent Residential & Commercial Properties | Class A ABRA Full Liquor License | SBA Approved | Busy Main Street with over 80 years History | Low Monthly RENT & Great Landlord Terms I Top Notch Loyal Clientle | Inventory Worth $ 130K Included in Sale Price| High Net Proft Margins of 41% | Efficient & Effective Low Costs Business Model/Ops LOCATION, LOCATION, LOCATION Located 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: 1936 Location: High Visibility Corner Business Opportunity: Wines & Liquor with Short Hours, Highly Profitable Site Net Margins: 41 %+/-. Sales: 415,000.00  Yearly Revenue and Profit Trends: Steadily Growing 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 Owner KEY DIFFERENTIATOR/COMPETITIVE EDGE With 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: Retiring A 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 & New York City) at Cell (202) 509 3739 or (703) 457-0362 Or Off (202) 461 2204 or by email, Achaudhary@tworld.com & We shall contact soon.

Property Features and Assets:

<p>Owner has ensured the state of the art inventory management system and technology to meet the challenges of maintaining the large and sufficient variety of wines, liquors and spirits in the market that never runs out of stock.<br><br>Customers always get what they want at good price.<br><br>Facilities includie top notch decor and interiors are well maintained and tidy to serve the customers daily with a classic ambiance every time the patrons visit the store.<br><br>It is always a happy experience visiting this beautiful store for customers and vendors alike.<br><br>FF & E are well maintained with good quality large chillers and other equipment in the store, as required to run the business successfully in a trouble free manner.<br>FF&E General Condition Excellent conditions<br></p>

Market Competition and Expansion:

<p>Low, because there are no other nearby wines and liquor stores within 1 miles radius that are offerings such varieties in the area, making this business a low competition one with being very convenient for local residents as well any passing customers as one of the good go to stores to meet their needs. Parking is easy.<br><br>This owner absentee business whereas, the owner showing up only few times a month.<br><br>Given the fact that the current owners are not fully involved and are old school and therefore, for the new owner operator or experienced operators / right buyer are going to enjoy huge growth potential to increasing revenue /profit by adding following industry's best business practices;<br><br>1) Online store/presence<br>2) Digital marketing campaigns<br>3) Start deliveries till late hours & weekends<br>4) Target corporate and private event supplies<br>5) Commence wine/liquor tasting<br>6) Promote the business in local circles and penetrate restaurants and bars market by hiring a 1099 sales associate that may further create new business<br>7) Extend operations hours by 30-35 hours weekly (stores are open till 1 am in the area)<br><br>LOCATION, LOCATION, LOCATION<br>Located 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.<br><br>FORECASTED RESULTS FOR THE FUTURE<br>After successfully and effectively implementing the above marketing strategies (best business practices in liquor industry), the new owner has the potential to increase overall monthly sales by around $15-20K because this a fabulous location with high foot and street traffic that offers value to further build the Lotto, Check Cashing, Money Gram, Money orders, ATM business-and related money-making opportunities.<br></p><p><br></p>

Additional Details:

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

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