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Profitable DC Liquor Store With Distinguished Clientele

Listing Number: 77441-801584

Description

Mid-sized Northwest Washington DC beer, wine and liquor store (Class 'A' Retail ABRA License) near DuPont Circle, hotels, offices and affluent residential neighborhoods.

Very clean and inviting space with walk-in cooler and good storage space (over 1,600sf). Great corner visibility on major DC thoroughfare.

Sells fine wines, craft beers and quality spirits, cheese, crackers, cigarettes/tobacco, sodas and candy. Lottery sales. Could potentially expand by offering check cashing and money orders if new owner desired.

Opportunity to expand sales by improving online and social marketing: this store currently has low visibility on mobile and other online searches despite a very good reputation. Also more competitive pricing (gross margin has been over 45%!) and increased delivery services may produce top-line growth.

Heavily owner-operated with some assistance from trained staff; new owner could do the same, or could rely more heavily on an employee-manager at this location.

Clean books and records - not always easy to find at a store this size; should qualify for SBA-guaranteed loan subject to purchaser's credit.

Don't miss this opportunity to own a gem of a DC liquor store with an excellent history and good lease in place.

Listing Details

  • Price: $ 399,900
  • Down Payment: $359,000
  • Sellers Discretionary Earnings: $ 108,748
  • Total Sales: $ 670,817
  • Location: District of Columbia

  • Inventory: $ 200,000
  • FF&E: $ 30,363
  • Employees: 3
  • Reason for Selling: Succession Planning
  • Category: Liquor Related Biz
Profitable DC Liquor Store With Distinguished Clientele

Business Listed By:

Erik Woodworth, CFA (Principal)
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