Listing Number: 090122-404322
Description
Absentee Run High Income Liquor Store | 20 Plus Yr Old Class 'A' DC ABRA License | Low Rent | Excellent Location!!!!!!!!!!
A 2780 sq ft liquor store and market is located in a heavily populated and extremely busy neighborhood /area in DC. It generated $644,000 in gross sales in 2023, with 40% liquor. 20% wine and 40 % fast moving grocery items as well as Lottery with strong profit margins. Lottery sales are additional. The business undoubtedly has a very loyal clientele. The business is stable with a constant flow of walk-in clientele throughout the day.
The lease is for 5 years. The surrounding area is diverse, with a mix of all races. The seller is a 100% absentee owner as he is too busy running multiple businesses in several states. After deducting all the expenses, the seller's net cash flow is over $12,700 a month. Great opportunity for a buyer who wants to be in the liquor business. Inventory is worth about $ 150,000.00 and not included in the sale price and is separate.
Ample street parking spaces available to make the customer's shopping experience easy and stress-free. This is an excellent investment opportunity that you won't want to miss. This is a highly lucrative opportunity for buyers that can further increase the revenue and profitability in the future.
In 2024, the business is projecting to be doing about $747,000.00 in gross sales and $160,000.00 PLUS in seller discretionary income/net profit from the business, including lottery profits/commissions. With a low rent figure of $6,500/month (NNN) business offer all the economic sense to the right buyers.
It's especially ideal for the buyer with experience who wants to take the business to the next level with online sales, deliveries in 5 miles radius, and aggressive targeting of commercial clientele and digital marketing..
Financing may be available on the inventory from the owner for the right buyers.
Proof of Funds required (Upfront).
Attention Business Owners: At Transworld, we are always in search of quality businesses to list, so if you are seriously considering selling your business, valuation of your business or would like to acquire another business, don't hesitate to email us at [email protected] or call us at 202-509-3739 or 703-457-0362 to discover the difference that is the world’s largest and most trusted Transworld Business Advisors create.
Please call Aamer Chaudhary at 202-509-3739 or 703-457-0362 for more information.
Listing Details
- Price: $ 365,000
- Down Payment: $365,000
- Sellers Discretionary Earnings: $ 139,837
- Total Sales: $ 760,627
- Location: District of Columbia
- Inventory: $ 150,000
- FF&E: $ 150,000
- Employees: 2
- Year Established: 2002
- Reason for Selling: Diversifying with other business interests in other states
- Category: Liquor Related Biz
