Listing Number: 090122-156975
Description
2023 Sales up 19% | Class 'A' DC ABRA License | Low Rent | Free Standing Highly Visible Top Corner Location | Highly Profitable
Do not want to deal with tire-kickers. If you truly interested send appropriate financials 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 $ 395,000/- (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: 36 %+/-.
Sales: $ 1,402,000.00 ( Including sales tax )
Wine: Liquor - 50% : 50%
Cash Flow: $407,140.00
4,895 SF Store + 1,000 SF Warehouse with low monthly rent of $10358/- (nnn). 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).
Listing Details
- Price: $ 1,200,000
- Down Payment: $400,000
- Sellers Discretionary Earnings: $ 407,140
- Total Sales: $ 1,402,597
- Location: District of Columbia
- Inventory: $ 395,000
- FF&E: $ 230,475
- Employees: 4
- Year Established: 1943
- Reason for Selling: Retiring
- Category: Liquor Related Biz
