Neighborhood Liquor Store in NW DC

Listing Number: 77441-992436

Description

REDUCED: One of the oldest liquor stores in Washinghon DC with a great tradition of both friendly personalized service and well selected craft beers, fine wines and spirits.

Wide frontage on main street of this eclectic and vibrant commercial district within a dense and close-in residential neighborhood with mix of high affluence and middle-to-lower income households within the broader Columbia Heights / Mount Pleasant / Adams Morgan area of Northwest DC. Excellent vehicular and foot traffic.

Lottery and tobacco sales.

Best suited for a full time owner-operator with part-time assistant(s).

Approximately two more years left on lease with opportunity to negotiate longer-term lease with landlord.

Current owner has been at this store for over 15 years and is ready to retire. He may offer some seller financing subject to credit review and at his sole discretion - all reasonable offers considered.

Listing Details

  • Price: $399,000
  • Down Payment: $199,000
  • Sellers Discretionary Earnings: $100,000
  • Total Sales: $800,000
  • Location: District of Columbia

  • Inventory: $100,000
  • FF&E: $25,000
  • Employees: 2
  • Year Established: 1929
  • Reason for Selling: Retirement
  • Category: Liquor Related Biz

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