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Beer / Wine / Liquor Store
| Asking Price: | $865,000 | Inventory: | $200,000 ** |
| Gross Revenue: | $1,740,000 | Real Estate: | n/a |
| Cash Flow: | $266,000 | FF&E: | $10,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This is the most recognized / respected Wine, Beer & Spirit Store in the Country and a Washington, DC LANDMARK. Seller averages $1.8 million to $2.3 million annually with cash flow to owner close to $366,000 to $500,000 annually. Located on the hottest block of DC with very affluent clientele and the largest selection of Wine & Spirits. It is rated best Wine & Spirit selection in the nation every year by Wine Spectator Magazine. Absolutely no immediate competition. Blocks away from China Town, DC Convention Center, Exclusive Hotels, Law Firms, the Capital and many Fine Restaurants. Pre-approved for a $600,000 SBA loan at 5% for a qualified buyer, in addition seller will finance $100,000 of the inventory for 4 years at 6%. For additional information please contact Memar Sadeghi. Cell: 240-350-9654; Office: 301-572-6000 Ext. 322; Email: Memar@ciworldwide.com
About the Business
Year Established:1934
Facilities:Bldg. Size: 2,600 Sq. Ft. + 1000 Sq. Ft. Basement; Lease Period: 2011; Options: 10 Years; Month Rent: $14,872+++; Deposits: $36,000
About the Sale
Management Training and Support:3 Weeks.
Reason For Selling:Relocating to California.
Seller Financing:$100,000 of the inventory for 4 years at 6%
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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