Hot Listing

Liquor Store - Upscale Area WDC - One Owner

Asking Price$317,000

Cash Flow
$116,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$608,263

Inventory$200,000
Not included in asking price
FF&E$30,000
Included in asking price
Real EstateNot Disclosed

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Hot Listing

Liquor Store - Upscale Area WDC - One Owner


Asking Price$317,000

Cash Flow
$116,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$608,263

Inventory$200,000
Not included in asking price
FF&E$30,000
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 1790 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.

Email, to request additional information for Listing #880.
About the Business
Years in Operation
46
Facilities & Assets
Nice Storefront in a Mature Community of the Georgetown Area. The business is turnkey ready for new Buyer.
Market Outlook / Competition
Typical of this area of WDC.
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)
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 will not deal with Bank or the SBA Process. Desires a clean quick Sale.
Listing Info
ID
2379794
Listing Views
841

Contact Seller

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Business Listed by: Jill Taylor Tidewater Associates

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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