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- RE: Profitable DC Liquor Store W/Distinguished Clients
- Contact: Erik Woodworth
Quick Facts
Asking Price: | $399,900 | |
Annual Revenue: | $670,817 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $108,748 | |
Total Debt: | Not Disclosed | |
FF&E: | 30,363 | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | 3 | |
BBN Listing #: | 157349765 | |
Broker Reference #: | 77441-801584 |
Business Overview:
Mid-sized Northwest Washington DC beer, wine and liquor store (Class 'A' Retail ABRA License) near DuPont Circle, hotels, offices and affluent residential neighborhoods.Very clean and inviting space with walk-in cooler and good storage space (over 1,600 square feet). Great corner visibility on major DC thoroughfare.
Sells fine wines, craft beers and quality spirits, cheese, crackers, cigarettes/tobacco, sodas and candy. Lottery sales. Could potentially expand by offering check cashing and money orders if new owner desired.
Opportunity to expand sales by improving online and social marketing: this store currently has low visibilty on mobile other electronic searches despite a very good reputation. Also more competitive pricing (gross margin has been over 45%!) and increased delivery services may produce top-line growth.
Heavily owner-operated with some assistance from trained staff; new owner could do the same, or could rely more heavily on an employee-manager at this location.
Clean books and records - not always easy to find at a store this size; should qualify for SBA-guaranteed loan subject to purchaser's credit.
Don't miss this opportunity to own a gem of a DC liquor store with an excellent history and good lease in place.
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Reason for Selling:
Succession planning.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
Relevant Links:
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