Owner Absentee, Highly Profitable, Liquor Biz

Business Overview:

2024 Sales up 19% with Steady Profit Margins | Class 'A' DC ABRA License | Low Rent | Free Standing Highly Visible Top Corner Location | Highly Profitable

For over 90 years, this brand as local staple corner store has been providing its community with large varities of wines, liquors and beers product brands in very inviting, comfortable retail settings. The owner behind the business has successfully established customer experiences, vast products lines at attractive prices, processes and management in place which makes this business opportunity especially appealing to new ownership who would like to immediately capture a solid footprint in one of the best markets in the US. Over the decades the Company has well crafted its excellent services in order to maximize efficiency in the store and keep its Cost of Goods and SGA /operational costs under control. The results a profitable, well-run, well-staffed business ready for new ownership to step in.

Do not want to deal with tire-kickers. If you truly interested in the amazing value investing and long successful business opportunity, please send us appropriate financials (including past 3 years tax returns) or you will not receive a response. Please dont waste our time and we wont waste yours. This is a fantastic opportunity for an experienced buyer. 95% of business is with the local neighborhoods. Fast moving inventory of $ 365,000/- (approx) is not included in asking price.

Established since: 1943
Location: High visibility corner with parking available
Area: Highly sought after DC Location
Neighborhood Liquor & Wine Store. Short hours, updated store, highly profitable site.
Average Net Margins: 32 %+/-.
Sales: $ 1,402,000.00 (2023)
Wine: Liquor: Beers - 50% :40% :10%
SDEs/Cash Flow: $437,140.00
4,895 SF Store + 1,000 SF Warehouse with low monthly rent of $8,900/- (plus CAM). Long term lease.
Majority Customers Type: Well established large size commercial and residential areas
Yearly Revenue and Profit Trends: Steadily growing
This is a cash cow business.
Hours of operation: SUN-WED: 9.30-10, THU-SAT: 9.30-11

Proof of Funds Required (upfront).

Seller Financing: Is available for high quality credit customers.

ONGOING FANTASTIC PERFORMANCE IN 2024 (Sales Performance and SDEs trends):
Business is growing around 17 % yoy, achieving sales of $ 1,512,586.00 till November 30, 2024 while profit margins are remaining intact around 32%. As per the owner, they are hoping to have consistent performance by the end of 2024 with sales growing up to $ 1,640,000.00 or higher with net cash flows of $ 521,000.00.

STRONG GROWTH POTENTIAL
The business and landmark location 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.

FOR BUYERS:
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CONTACT US:
For more information on this business for sale contact CEO/Principal - Trusted M&A Advisor Aamer Chaudhary at 202-509-3739 /703-457-0362 orACHAUDHARY@TWORLD.COM.​

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Property Features and Assets:

Since inception in 1943 business has been growing in revenue ad profitability thank to its top corner location on the Capitol Hill DC and best services, products offered by the team of professionals working and managing the business. Owner has ensured the state of the art inventory managment system and technology to meet the challenges of maintaining the large variety of liquors, wines an spirits in the market that never runs out of stock. 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.

Market Competition and Expansion:

Low competition thanks to their strategic location as this store much bigger than other stores in the areas and other stores lack such huge variety and they are more expensive due to low sales and lower customer choices. The competitive advantage this business enjoys because of their location and just location which top notched 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. Additionally, rent is extremally low ($10,358/- monthly - nnn) with long term lease with a large real estate group, considering the size of the store which is around 5000 sq ft. Lower rent always adds to the bottomline of the business year on year.

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 (3 miles radius) as they are like a supermarket and have been selling items (grocery and food items including Deli) that are not subject to sin taxes. Additional complementary items like soda and juice, dry fruits, chips, lottery, cigarettes which some customers will mix their liquor with anyway, are offering high-profit margins (up to 80-100% items without the high tax) and similar profits are generated from the food products. In addition to snacks, they are also stocking specialty foods that customers are inspired to pair with their beverages, such as imported meats and cheeses. By adding more inventory and varieties, they are able to market themselves as a one-stop shop rather than a place people go to solely for their liquor or wines.

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, the variety of products and services it offers backed by better management in place. This business has become an undisputed local business brand in the area enjoying stronger brand quality and equity. Business knows their customers in terms of their evolving needs and wants and customers know this business for decades.

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 your people (run tasting events and allow customers to sample beverages)
online marketing and sales (currently online sales are not happening whereas millennials and universities students' community are seeking online purchase options (for their private parties) and willing to pay more money for their purchases and other liquor stores are offering such services in DC)
digital marketing campaigns will add more sales in future extended working hours (store can stay open till 12 pm or 1 am) that will boost sales furthermore

Reason for Selling:

Additional Details:

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