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- RE: Flourishing DC Liquor Store -Prime Corner Location
- Contact: Bill McDonald
Quick Facts
Asking Price: | $1,350,000 | |
Annual Revenue: | $1,826,489 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $236,922 | |
Total Debt: | Not Disclosed | |
FF&E: | $300,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1994 | |
Employees: | 2 | |
BBN Listing #: | 984324 | |
Broker Reference #: | 9525-595568 |
Business Overview:
This Washington, DC liquor store is a neighborhood institution, perfectly situated on a bustling corner in one of the city’s most desirable areas. Surrounded by apartment high-rises teeming with residents, the store enjoys a built-in customer base that values its convenient location and exceptional offerings. The store boasts an impressive selection of wine, beer, and liquor, along with snacks and non-alcoholic options, making it a one-stop shop for a variety of customer needs.
Its quaint, charming building stands out amidst the modern skyline, drawing in both loyal locals and new patrons. The building's lease allows the business owner the right of first refusal for the purchase of the property. The business also embraces modern convenience with a user-friendly website that allows customers to browse and purchase online. This website partnered with the business's delivery option ensures accessibility, ease and convenience for the loyal customers. This dual-channel approach has significantly contributed to its financial success, with annual sales nearing $2 million.
With its prime location, established reputation, and diverse product offerings, this liquor store is a rare gem in the marketplace. Whether it’s after-work drinks, hosting essentials, or a quick snack run, this store consistently meets the needs of its vibrant community. A new owner can step into a thriving operation with significant cash flow and a loyal customer base already in place.
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Property Features and Assets:
Monthly Rent: $10,600.00
Square Units (Foot, Meter): 3,625
Lease Expiration Date: July 1, 2032, 3:00:00 AM
Terms Options: 5 year renewal option
Reason for Selling:
Pursuing other interestsAdditional 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:
- View more District of Columbia businesses for sale
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