Cash Cow, Fantastic Main Ave Corner Liquor Biz in NW DC!!!!

Listing Number: 090122-713711

Description

2024 Sales up 17% with Steady Profit Margins of over 28% | Class 'A' DC ABRA License | Low Rent | Free Standing Highly Visible Main Street Top Corner NW Location | Owner Retiring

Serious buyers only. Do not want to deal with tire-kickers. If you are truly interested in the long successful and value investing business opportunity as owner is retiring aged 79 years, please send us appropriate financials (including past 3 years tax returns, resume and proof of funds) or you will not receive a response.

LOCATION, LOCATION, LOCATION!!!!!!!!!!!!!!!!!!!!!!!!
The long successful business in located in the hotspot corner location of NW DC. Please dont waste our time and we wont waste yours. This is a fabulous opportunity for an experienced buyer or an inspiring entrepreneurs. 95% of business is with the local neighborhoods. Fast moving inventory of $ 190,000/- (approx) which is not included in asking price.

CONSISTENT STRONG BUSINESS PERFORMANCE IN 2024 (Sales Performance and SDEs trends are rocksolid and up):
Business is growing around 16 % yoy, achieving sales of $ 930,413.00 till November 30, 2024 while profit margins are remaining intact around 23%+. As per the owner, they are hoping to have consistent performance by the end of 2024 with sales growing up to $ 1,014,000.00 or higher with net cash flows of $ 233,280.00 (approx.).

Established since: 1951
Location: High visibility corner on the main busy ave of NW DC with private customers parking available (6-8 cars)
Area: Highly sought after NW DC Location near Capitol Hill
Neighborhood Liquor & Wine Store. Short hours, classic store, and highly profitable site.
Average Net Margins: 22.4 %+/-.
Sales: $ 875,774.00 (2023)
Wine: Liquor: Beers: General products - 40% :40% :10%:10%
SDE/Net Cash Flow: $198,235.00
4,951 SF Store (including basement of 2,000 plus SF) with low monthly rent of $9,980/- (including CAM/NNN). Long term lease, 5 years plus 5 years options.
Majority Customers Type: Well established and affluent classs of NW DC population including hotels guests
Yearly Revenue and Profit Trends: Steadily growing
This is a cash cow business.
Hours of operation: MON-SAT: 11AM-8PM, SUNDAYS (CLOSED)

Proof of Funds Required (upfront).

STRONG GROWTH POTENTIAL
The business and landmark rare corner location surrounded by 5 star hotels and top end residentail and commercials, offers following growth opportunities to the buyers:
- Delivery services to retail customers, private parties and commercial /govermental agencies clients in DC and DMV area
-Extended hours from 8 am to 12 am in the night to further amplify the business
- Digital marketing launch to reach our larger groups of customers to have stronger presence amongst the younger crowds

THE VALUE INVESTING OPPORTUNITY
Must see to appreciate. Anyone interested must sign a confidentiality agreement with proof of funds before releasing any information. Please inquire for more details and learn how you can buy a business and know how we can help you use the creative and practical financing options, including the easy sellers financing to get a deal done!

THE UNMATCHED TRANSWORLD VALUE
This Capitol Hill area DC-based store for sale is proudly offered by Transworld Business Advisors, the number one business brokerage in the world. With local presence AND global marketing reach, Transworld Business Advisors provides main-street and middle market business owners and buyers with transaction expertise.

Must see to appreciate. Anyone interested must sign a confidentiality agreement with proof of funds before releasing any information.

FOR BUYERS:
Also, you may get added to our buyers list today to receive notifications as businesses with your criteria hit the market!

CONTACT US:
For more information on this business for sale contact CEO/President - Trusted M&A Advisor. Aamer Chaudhary at 202-509-3739 /703-457-0362 or ACHAUDHARY@TWORLD.COM.

Listing Details

• Price: $735,000
• Down Payment: $400,000
• Sellers Discretionary Earnings: $229,109
• Total Sales: $875,774
• Location: District of Columbia


• Inventory: $190,000
• FF&E: $100,000
• Employees: 2
• Year Established: 1951
• Reason for Selling: Retirement
• Category: Liquor Related Biz