Well Established Liquor Store
Location: Washington DC > District of Columbia County > Washington D.C. N.W.
Industry: Food and Beverage > Liquor Stores
Financials
Asking Price: $2,200,000
Gross Revenue: $2,300,000
Cash Flow: $500,000
Inventory: $300,000 (Included in Asking Price)
FF&E: $50,000 (Included in Asking Price)
Seller Financing: Up to 30% Seller held note & Bank Financing available.
Business Summary
Very nice & cozy looking liquor store located in a very busy location of N.W. Washington D.C. Open 6 days/wk. from 10-8 Monday-Saturday. Utility bill is $600/mo. Sales are broken down as follows: Beer is 7%, Wine is 65%, and liquor is 25%, Miscellanuos is 3%. On-line ordering makes up 10% of sales.This is a Landmark liquor store location that has been serving the community for many decades!
About the Business
Year Established: 1934
Employees: 3 full time -
Facilities: Very large 3 level liquor store that is well furnished & stocked. Approx. 5,500 sq/ft. It has been open for many years and in excellent condition. Rent: $14,300/mo. 4 years left on lease. Landlord will give 2 (five) yr. option as well, possibly more!
Market Outlook and Competition: Prime location. Growth can be achieved by adding lottery & ATM machine.
About the Sale
Management Training and Support: 2 weeks training
Reason For Selling: Moving out of state
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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