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Sales $1.5 Million - Cash Flow $390K - Seller Financing

Washington, DC

Seller Financing Available

listing image
Asking Price:$1,200,000
Gross Revenue:$1,500,000
FF&E:$40,000
Cash Flow:$394,000
Inventory:$300,000
Established Year:1973
Listing ID: 2159267Listing provided by BizBuySell
BUSINESS DESCRIPTION

Seller Financing Option.

Established Liquor Store. One of Washington's Oldest Liquor Establishments. Desirable Location in a Dense Business District. Popular Store that Caters to Locals, Business Professionals, and Government Employees. Consistent Sales History. Attractive Storefront With Long Term Lease. Good Signage and Visibility.

Growth Opportunities Include adding the Lottery, Delivery and Internet Sales. This is an Excellent Liquor Store with Good Books, Records and Verifiable Sales Margins. Seller Financing for Qualified Experienced Buyer. Down Payment Required $600,000 - $700,000.

Proof of Funds will be required. Email, to request additional information for Listing #856a.

DETAILED INFORMATION
Location
Washington, DC
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Market Conditions for Liquor Sales in this area of DC is Very Good. Competition is typical for the area.
Growth & Expansion
Liquor and Wine Tastings with Entertainment will increase traffic in the business. Adding Delivery and Internet Sales would also increase revenues.
Financing
SBA Lender Available. Seller will finance total package with 50% Down Payment.
Support & Training
Seller will provide through training to insure a smooth transition.
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Jill Taylor
Tidewater Associates
Phone Number
Jill Taylor
Call Phone