SBA Approved BUSY Highly Profitable LIQUOR Biz

Business Overview:

Semi Absentee & Operational Efficient | Trophy Corner Low Rent | Long Term Lease | Great Potential Business Opportunity for Sale in NW DC

LOCATION, LOCATION, LOCATION
Fabulous Long Successfully Operated Large Liquor Store! Growing business located on a corner of a super busy major NW DC avenue and the business has over 7 decades of successful history and would continue that rich tradition for many generations to come with the right buyer.

This long established wines and liquors business is a great gemstone and source of consistent net income that have been steadily increasing over the years, owned by the present owner from 2002. Like a good Whisky, this business has aged with character, price, total cusotmer satifaction, reputation and depth of excellent relationships with their vedors and suppilers. Owner has diversified in other ventures with his next generation, such as multifamily real estate projects/business beyond DC and sincerely wants to leave his legacy in good professional hands to continuing serving the markplace with love and affactions and keep continuing growth intact in the future. Well-known and great location offers tremendous corner visibility and plenty of parking. The store is all beautifully built with no expense spared by the owner. Professionally operated by well-trained staff.

KEY BUSINESS FACTS & NUMBERS:
2023 Sales were up 14% and increasing in 18-19% in 2024 thanks to their customers loyalty and great price and variety of products as well as top notch services.

RIGHT BUYERS
Serious and bona fide buyers only. Ideal opportunity for an experienced industry buyer to enter and grow their portfolio, who is looking to add another store at a prime location as well as who are looking to buy the first store at the right place securing their future incomes.

ESTABLISHED SINCE: 1954
Location: High Visibility Corner
Business Opportunity: Wines & Liquor with Short Hours, Highly Profitable Site
Net Margins: 32 %+/-.
2023 Sales: $1,902,688.00 (Including sales tax )
Yearly Revenue and Profit Trends: Steadily Growing
Wines: Liquors/Beers - 60% : 40%
Inventory: $360,000 (approx.) not included in the asking price (fast moving variety)
2,710 SF: Store with low monthly rent of $7,000 (plus CAM), approx. Long term lease (5 years plus 5 years options).
Majority Customers Type: Well established large, residential areas, commercial and vtourists. Over 90% of the business comes from established local retail customers (white color and middle to high income/per capita income groups).

Owner Involvement: Semi Absentee Owner

KEY DIFFERENTIATOR/COMPETITIVE EDGE
Surrounded by famous and well established high income residential communities, universities/colleges, globally known/operated office buildings including, IMF, The World Bank Group, International Finance Corporation, US Chamber of Commerce, leading hotels brands, as well as hyper active traffic of tourists and educated professionals throughout the area offer vastly abundant future growth opportunities for business with the right committed buyer. Thanks to the close proximity, Virginia and Maryland commuters also often stop by while passing through on their way home, after work.

FUTURE GROWTH OPPORTUNITIES USING BEST INDUSTRY PRACTICES
A strong hands-on future owner can reduce payroll and increase sales and profits of this already highly profitable business by tapping the following best industry practices/serivces:

- Online Sales
- Digital marketing to promte the business amongts the millennials and younger gens
- Deliveries to 5 miles radius
- Extending working hours
- Adding commercial cusotmers
- Targeting event supplies

Reason for sale: Retirement

A good business for cash flowing value investors.

Proof of Funds Required (upfront)

Seller financing is available (for inventory only)

Hours of operation: MON-SAT: 10 AM-9PM - SUNDAYS 9 AM -9 PM)

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

FOR BUSINESS OWNERS: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact me atachaudhary@tworld.com. Our buyers are already qualified and willing to invest their time and money toward a business like yours. All communications are kept STRICTLY CONFIDENTIAL.

For interested parties, please contact:
Aamer Chaudhary - President/CEO
Transworld Business Advisors, downtown Washington DC at: Cell: 202 509 3739 / 703 4570362 or Office 202 461 2204 or by emailAchaudhary@tworld.com, we shall respond soon.​

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Property Features and Assets:

Established since 1954 and successfully owned by the current owner from 2002. Strategically located and reputed wines and liquors store has seen many cycles of boom and burst and has not only surived but thrived all along at the heart of glorious DC location.

Professionally operating and serving the local communities with wide range of wines, liquors and spirits varieties to the market that includes all kinds of working and residential classes as well as huge number of tourists influx in the area.

Thanks to their impeccable past they have built a lasting reputation of an excellent store offering high quality products and fantastic services throughout its rememberable history.

Retail
Facility.
Owner has ensured excellent FF & E as well as leashold improvments along with the state of the art inventory management system. Top notch technology meets the challenges of maintaining the large and sufficient variety of wines, liquors and spirits in the market that never runs out of stock. Customers always get what they want at good price. Facilities including decor and interiors are well maintained and tidy to serve the customers daily with a classic ambiance every time the patrons visit the store. It is always a happy experience visiting the store for customers and vendors alike as well as working employees.

Market Competition and Expansion:

Current owner owns the store for over 23 years, and this is an semi absentee business opportunity, with the owner showing up only few times a week, depending on his availability from his other business ventures in multifmaily and commercial real estate.

Additionally, given the fact the current owner is old school and therefore, going forward with the right buyer there is huge growth potential to increasing revenue /profit by adding following best industry business practices;

1) Online store/presence
2) Digital marketing campaigns
3) Start deliveries till late hours & weekends
4) Corporate and private event supplies
5) Commence wine/liquor tasting
6) Extra space to further add variety in the store
7) Extend operations hours by 30-35 hours weekly (stores are open till 1 am in the area)

LOCATION, LOCATION, LOCATION
Located in one of Downtown DCs most desirable areas, on a key avenue, they have been a thriving business model for many years and will continue that rich tradition for many generations to come.

FORECASTED RESULTS FOR THE FUTURE
After successfully and effectively implementing the above marketing strategies (best business practices in liquor industry), the new owner has the potential to increase overall monthly sales by around $16,000 - $20,000 because this a fabulous location with high foot traffic that also offers value to further build the Lotto, Check Cashing, Money Gram, Money orders, ATM business-and related money-making opportunities.

Low, because there are no other nearby wines and liquor stores with such large varities, price offerings and excellent services as offered by this business consistently in the area, making this business very convenient for local residents as well any passing customers as one of the good go to stores to meet their liquor products buying related needs.

Reason for Selling:

Additional Details:

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