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Legendary Landmark Liquor Store For Sale in Northwest

Washington, DC
Stock
Stock
Asking Price:$300,000
Inventory:$80,000
Established Year:2004
Gross Revenue:$450,000
Rent:$6,100/Month
Listing ID: 2201296Listing provided by BizBuySell
BUSINESS DESCRIPTION

Monument Views and Monumental Upside for Liquor Beer and Wine Sales

Legacy Liquor Store! This is a unique opportunity to own one of the oldest liquor stores in Washington DC that has been in operation for almost 100 years!

Plenty of Upside with an experienced operator!
Currently Operating Mon-Sat 11am - 8pm; License allows sales 7 days 10am-10pm! Sunday Sales!

Class 'A' DC ABRA License
Sell Liquor, Wine, Beer

Highly Visible Location in NW DC
Current owner in business for over 20 years! Store in operation for over 100 years!

Owner seeks an experienced buyer. Buyers who need to obtain loans will not be considered.

Inventory not included in asking price.

Liquor Store Sale: $450,000/yearly

Rent $6,100/ month NNN Lease Terms

Confidentiality agreement (NDA) and proof of funds is required for financial information, floorplans, lease documents and market research. Contact Thomas Guirola at 202-683-6181 with any questions.

We are the exclusive brokers for the sale of this liquor store and tenant lease; we request all prospective buyers to refrain from contacting the business owners, employees or landlord.

DETAILED INFORMATION
Location
Washington, DC
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,360
Lease Expiration
30/06/2032
Employees
2
Facilities
Visible Storefront, efficient office and restroom and enormous basement storage with a working conveyor belt. 1st Floor: 1,210 sq ft 2nd Floor: 230 sq ft Basement: 1,920 sq ft Large Storage Area with functional conveyor belt! (Floorplans Available for qualified buyers) Furniture, Fixtures and Equipment will convey. Large walk-in fridge perfect for chilled beer, beverages and wine! Inventory is constantly changing in this operational liquor store; the inventory will be a separate cost.
Competition
This upscale area has Market Alcohol sales in a 1 mile radius exceed $10 Million. Reach established neighborhood and tourists (hotels nearby). Low competition in the area will allow the new operator to increase hours and increase sales in this established neighborhood.
Growth & Expansion
Currently Operating Mon-Sat 11am - 8pm; License allows sales 7 days 10am-10pm! Sunday and longer operating hours means more sales!!! Price takes into consideration the cosmetic upgrades new owner will want to perform in this fully operational liquor store.
Financing
Seller will NOT accept offers contingent on financing
Support & Training
Existing Owners will assist new owners with transition.
Reason for Selling
Owner wants to retire; your offer needs to convince them to sell the business
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Thomas Guirola
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Thomas Guirola
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