Owner Absentee, Highly Profitable, Top Corner Liquor Biz in DC

Listing Number: 090122-156975

Description

2024 Sales up 19% with Steady Profit Margins | Class 'A' DC ABRA License | Low Rent | Free Standing Highly Visible Top Corner Location | Highly Profitable

For over 90 years, this brand as local staple corner store has been providing its community with large varities of wines, liquors and beers product brands in very inviting, comfortable retail settings. The owner behind the business has successfully established customer experiences, vast products lines at attractive prices, processes and management in place which makes this business opportunity especially appealing to new ownership who would like to immediately capture a solid footprint in one of the best markets in the US. Over the decades the Company has well crafted its excellent services in order to maximize efficiency in the store and keep its Cost of Goods and SGA /operational costs under control. The results a profitable, well-run, well-staffed business ready for new ownership to step in.


Do not want to deal with tire-kickers. If you truly interested in the amazing value investing and long successful business opportunity, please send us appropriate financials (including past 3 years tax returns) or you will not receive a response. Please dont waste our time and we wont waste yours. This is a fantastic opportunity for an experienced buyer. 95% of business is with the local neighborhoods. Fast moving inventory of $ 365,000/- (approx) is not included in asking price.

Established since: 1943
Location: High visibility corner with parking available
Area: Highly sought after DC Location
Neighborhood Liquor & Wine Store. Short hours, updated store, highly profitable site.
Average Net Margins: 32 %+/-.
Sales: $ 1,402,000.00 (2023)
Wine: Liquor: Beers - 50% :40% :10%
SDEs/Cash Flow: $437,140.00
4,895 SF Store + 1,000 SF Warehouse with low monthly rent of $8,900/- (plus CAM). Long term lease.
Majority Customers Type: Well established large size commercial and residential areas
Yearly Revenue and Profit Trends: Steadily growing
This is a cash cow business.
Hours of operation: SUN-WED: 9.30-10, THU-SAT: 9.30-11

Proof of Funds Required (upfront).

Seller Financing: Is available for high quality credit customers.

ONGOING FANTASTIC PERFORMANCE IN 2024 (Sales Performance and SDEs trends):
Business is growing around 17 % yoy, achieving sales of $ 1,512,586.00 till November 30, 2024 while profit margins are remaining intact around 32%. As per the owner, they are hoping to have consistent performance by the end of 2024 with sales growing up to $ 1,640,000.00 or higher with net cash flows of $ 521,000.00.

STRONG GROWTH POTENTIAL
The business and landmark location 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.

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/Principal - Trusted M&A Advisor Aamer Chaudhary at 202-509-3739 /703-457-0362 or ACHAUDHARY@TWORLD.COM.

Listing Details

• Price: $1,499,999
• Down Payment: $500,000
• Sellers Discretionary Earnings: $437,140
• Total Sales: $1,402,597
• Location: District of Columbia


• Inventory: $395,000
• FF&E: $290,000
• Employees: 4
• Year Established: 1943
• Reason for Selling: Retirement
• Category: Liquor Related Biz