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- RE: Cash Cow, Fantastic Main Ave Corner Liquor Biz
- Contact: Aamer Chaudhary
Quick Facts
Asking Price: | $735,000 | |
Annual Revenue: | $875,774 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $229,735 | |
Total Debt: | Not Disclosed | |
FF&E: | $100,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1951 | |
Employees: | 2 | |
BBN Listing #: | 982273 | |
Broker Reference #: | 090122-713711 |
Business Overview:
2024 Sales up 17% with Steady Profit Margins of over 28% | Class 'A' DC ABRA License | Low Rent | Free Standing Highly Visible Main Street Top Corner NW Location | Owner Retiring
Serious buyers only. Do not want to deal with tire-kickers. If you are truly interested in the long successful and value investing business opportunity as owner is retiring aged 79 years, please send us appropriate financials (including past 3 years tax returns, resume and proof of funds) or you will not receive a response.
LOCATION, LOCATION, LOCATION!!!!!!!!!!!!!!!!!!!!!!!!
The long successful business in located in the hotspot corner location of NW DC. Please dont waste our time and we wont waste yours. This is a fabulous opportunity for an experienced buyer or an inspiring entrepreneurs. 95% of business is with the local neighborhoods. Fast moving inventory of $ 190,000/- (approx) which is not included in asking price.
CONSISTENT STRONG BUSINESS PERFORMANCE IN 2024 (Sales Performance and SDEs trends are rocksolid and up):
Business is growing around 16 % yoy, achieving sales of $ 845,583.00 till November 30, 2024 while profit margins are remaining intact around 28%. As per the owner, they are hoping to have consistent performance by the end of 2024 with sales growing up to $ 1,014,000.00 or higher with net cash flows of $ 273,780.00 (approx.).
Established since: 1951
Location: High visibility corner on the main busy ave of NW DC with private customers parking available (6-8 cars)
Area: Highly sought after NW DC Location near Capitol Hill
Neighborhood Liquor & Wine Store. Short hours, classic store, and highly profitable site.
Average Net Margins: 28 %+/-.
Sales: $ 875,774.00 (2023)
Wine: Liquor: Beers: General products - 40% :40% :10%:10%
SDE/Net Cash Flow: $229,735.00
4,951 SF Store (including basement of 2,000 plus SF) with low monthly rent of $9,980/- (including CAM/NNN). Long term lease, 5 years plus 5 years options.
Majority Customers Type: Well established and affluent classs of NW DC population including hotels guests
Yearly Revenue and Profit Trends: Steadily growing
This is a cash cow business.
Hours of operation: MON-SAT: 11AM-8PM, SUNDAYS (CLOSED)
Proof of Funds Required (upfront).
STRONG GROWTH POTENTIAL
The business and landmark rare corner location surrounded by 5 star hotels and top end residentail and commercials, offers following growth opportunities to the buyers:
- Delivery services to retail customers, private parties and commercial /govermental agencies clients in DC and DMV area
-Extended hours from 8 am to 12 am in the night to further amplify the business
- Digital marketing launch to reach our larger groups of customers to have stronger presence amongst the younger crowds
THE VALUE INVESTING OPPORTUNITY
Must see to appreciate. Anyone interested must sign a confidentiality agreement with proof of funds before releasing any information. Please inquire for more details and learn how you can buy a business and know how we can help you use the creative and practical financing options, including the easy sellers financing to get a deal done!
THE UNMATCHED TRANSWORLD VALUE
This Capitol Hill area DC-based store for sale is proudly offered by Transworld Business Advisors, the number one business brokerage 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.
Must see to appreciate. Anyone interested must sign a confidentiality agreement with proof of funds before releasing any information.
FOR BUYERS:
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CONTACT US:
For more information on this business for sale contact CEO/President - Trusted M&A Advisor. Aamer Chaudhary at 202-509-3739 /703-457-0362 orACHAUDHARY@TWORLD.COM.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Since inception in 1951 business has been well established and growing steadily in revenue and profitability. Thanks to its top corner location on the Capitol Hill NW DC backed by wide varities of products offered by the team of professional staff working for over 10 years and managing the business. Owner has ensured vast selections of inventory to meet the changing needs of the buyers including liquors, wines an spirits in the market that never runs out of stock.
Market Competition and Expansion:
Cusotmers always get what they want at good price. Large variety of products and best prices have been instrumental to keep their customers happy and they love coming back all the times winning over the indirect competition consistently.
Low competition thanks to their strategic location as this store much bigger than other stores in the areas and has more varities and lower prices. Other stores lack such huge variety and they are more expensive due to higher prices and lower customer choices. The competitive advantage this business enjoys is because of their top notched corner location and easily accessible as the business sits on the main street on the corner, surrounded by long established residential communities as well as commercials around the area plus 5 star hotels. Additionally, rent is extremally low ($10,000/- monthly - including nnn) with long term lease (5 plus 5 years lease), considering the size of the store which is around 5,000 plus square feet, street level floor and basement. Lower rent always adds to the bottomline of the business year on year.
Strong growth potential with higher levels of profitability forecasted in the coming years as customers are happy with the business and its prime corner location. This business has become an undisputed local staple brand in the area and enjoying stronger brand quality.
Going forward the following marketing strategies and cost effective tools/ techniques will further help boost the business for the new owner:
-direct mails (to further reach out local communities)
-on site marketing (weekly promotions to drive in more customers)
-market to new customers (run wine tasting events and allow new customers to try beverages)
-online marketing and sales (currently online sales are not happening whereas millennials, younger lads and professionals and universities students are looking for online purchase options (for their private events/parties) and willing to pay more for easte of purchases. Other successful liquor stores are offering the abovementioned services in DC that offers competitive edge.
-digital marketing campaigns which will add more sales in future
-extended working hours (store can stay open till 12 pm) that will boost sales furthermore
Selling Other Products, just like a supermarket thanks to the large store size
The business is a winner in the competitive landscape in the area (2 miles radius) as they are like a supermarket and have been selling items (cold drinks including Deli). Additional complementary items like soda and juice, dry fruits, chips, lottery, cigarettes which customers will mix their liquor with anyway, are offering high-profit margins (up to 80-100% profit margins with low taxes. and similar profits are generated from the food products.
Reason for Selling:
retiringAdditional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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