WASHINGTON, District of Columbia
| Asking Price |
$199,000 |
Year Established |
2016 |
|
| Annual Revenue |
$764,605 |
Reason for Selling |
Needs modified store concept |
|
| Annual P/L |
|
Attention |
Erik Woodworth |
|
| Annual Cash Flow |
$48,876 |
Listing Number |
635270 |
|
| # of Employees |
1 |
Business Category |
Food & Beverage: Liquor Stores |
|
Business Overview:
Great location for this beer, wine and liquor store with high ceilings and large windows on a busy avenue near Union Station, Capitol Hill, Union Market, H Street entertainment, NoMa, etc. This store is in a high growth area of DC with large grocery stores nearby that do not have license to sell liquor.
Great venue to offer tastings and highlight expert product knowledge and selection. This store has been voted best in DC. New owner could increase selection of specialty spirits to improve sales and profits and extend operating hours if they wanted.
Great opportunity for someone who wants to take over an existing store, tweak the concept to reach a broader market and operate the store themselves. Great spot for delivery business. It's very hard to find a good location in DC where a new liquor store can be established, so this is your opportunity to acquire an existing one at a reasonable price. This may not last long.
Good lease in place and purchaser could seek a term extension from landlord.
Property Features and Assets:
Monthly Rent: $6,400.00
Lease Expiration Date: August 30, 2026, 9:00:00 PM
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity