Liquor Store - Sales $608,000. Cash Flow $116K. WDC

Asking Price$297,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$608,263

Inventory$200,000
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

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Liquor Store - Sales $608,000. Cash Flow $116K. WDC


Asking Price$297,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$608,263

Inventory$200,000
Not included in asking price
FF&E$40,000
Included in asking price
Real EstateNot Disclosed

Business Description
Nostalgic Liquor Store in Upscale Neighborhood. Northwest WDC. 46 Years Old - One Owner. Attractive Storefront with Good Parking. The Liquor Store is 1190 Square Feet with Ideal Storage for "Deal Buying". Long Term Lease. Strong Margins 35%. Well Merchandised Store.

Expanding the Hours of Operation will increase Sales. The Owner is only open 53 Hours Per Week and closed on Sundays. Adding an ATM, Internet Sales, Delivery and Passing Credit Card Fees to Customer, would improve Revenue for the Business. The Seller operates the store without Employees. Seller prefers Not to Deal with Bank Financing.

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Note:
Complete the " Contact Seller" information on this Page. We cannot provide further information by Telephone, until this information is completed. Upon receipt, we will provide the Business Summary Profile, Financial Information and the Address. You may visit as a "Silent Shopper" or view on Google Maps.
About the Business
Years in Operation
47
Facilities & Assets
Nice Storefront in a Mature Community near the Georgetown Area. The Store has been well maintained over the years. The Facility is 1190 SF plus Ample Storage for Deal Buying.
Market Outlook / Competition
This liquor store is the typical Owner Operator run liquor store in the DC. It has a very loyal following with consistent volume year in and out. After 46 years in the store, everyone on the Street knows this Owner. She is a Well Known in the Business throughout the area.
Opportunities for Growth
The Store is only open 53 hours a week. Opens Late (10:30 am) - Closes Early (6:30 pm. Closed on Sundays. Opening an additional 15 hours a week, should increase sales approximately 25% ($100,000+/Year). Due to the Seller's age, she has chosen to work limited hours. Opening normal business hours, would give this business a major "shot in the arm" and increase sales immediately without additional overhead.
About the Sale
Seller Motivation
Seller is Tired - after 46 Years.
Transition Support
Seller will provide thorough training to insure a smooth transition.
Financing Options
Seller Desires and Outright Sale, with No Banks Involved.
Listing Info
ID
2379794
Listing Views
1466

Listing ID: 2379794 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. See our full Terms of Use. Learn how to avoid scams.


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