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District of Columbia
Top Notch Liquor Store on Main Ave in NW DC NETS $ 298K!!!
Asking Price
$900,000
Revenue
Call/Email
Down
$250,000
Cash Flow
Call/Email
Name: Matthew Maier
Name
Matthew Maier
Description
LOCATION, LOCATION, LOCATION
Fabulous Long Successfully Operated Large Liquor Store! Growing business located on a corner of a super busy major NW DC avenue and the business has over 3 decades of successful history and would continue that rich tradition for many generations to come with the right buyer.
Known for its wide selection of spirits, wines, and beer, the store has built a strong customer base within the local residential and commercial community. This turnkey operation is ideal for an experienced operator or an investor seeking a stable, proven retail business with room for expansion. Located next to other stores and restaurants this area gets heavy foot traffic but there is also street parking close by for people to park real quick and run in. The owner owns the property and will become the landlord. The rent is for the store as well as the 2 bed 1 bath apartment upstairs. If not lived in, the apartment can sublet or set up as an AirBnB.
ATTENTION SERIOUS BUYERS
All bona fide buyers please send appropriate financials and you will have a response. This is an ideal opportunity for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the amazing business in NW DC, or who is looking to add another store at a prime location or who are looking to buy the first fantastic store at the right super busy street location.
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION!!!!!!!!!!!!!!!!!!
ESTABLISHED SINCE: 1991
Location: Staple Liquor Store of the Community on Super Busy Street Business Opportunity: Wines, beers & Liquor Business
Hours: Sun 1pm-9pm M-Sat 11am-11:30pm
Highly Profitable Site Net Margins: 35 %+/-. Sales: $1,188,000.00 (Including sales tax ) Net income/SDEs: $ 300,000
Yearly Revenue and Profit Trends: Remains Steady Product Mix: Wine: Liquor: Beers - 55% : 25% : 20% Inventory: $200,000 (approx.) NOT included in the asking price
New lease: 10 year lease, $8,500 a month Landlord quality: Excellent, current owner Sales Price: $1,000,000.00 (excl. Inventory)
KEY DIFFERENTIATOR/COMPETITIVE EDGE
Surrounded by famous and well established high income residential communities, universities/colleges, globally known/operated office buildings including, leading hotels brands, as well as hyper active traffic of tourists and educated professionals throughout the area offer vastly abundant future growth opportunities for business with the right committed buyer. Thanks to the close proximity, Virginia and Maryland commuters also often stop by while passing through on their way home, after work.
FUTURE GROWTH OPPORTUNITIES USING BEST INDUSTRY PRACTICES
A strong hands-on future owner can reduce payroll and increase sales and profits of this already highly profitable business by tapping the following best industry practices/serivces:
- Online Sales
- Digital marketing to promte the business amongts the millennials and younger gens
- Deliveries to 5 miles radius
- Extending working hours
- Adding commercial cusotmers
- Targeting event supplies
Reason for sale: Retirement
A good business for cash flowing value investors.
Proof of Funds Required (upfront)
Seller financing is available (for inventory only)
OR INTERESTED SERIOUS PARTIES PLEASE CALL
Matthew (AKA Matt) Maier - Business Advisors, Downtown Washington DC, Annapolis & Baltimore) AT OFF: CELL: +1 (571)-268-1884 OR EMAIL AT Mmaier@tworld.com.
Potential AirBnB vacation rental.
Has ATM, does not have lottery, check cashing, or delivery (Uber Eats DoorDash etc.)
Owner opens and closes the store when he wants. Different hours sometimes so, with better hours and better management sales will increase.
https://tworld.com/locations/District-of-Columbia/dcdowntown/listings/Top-Notch-Liquor-Store-on-Main-Ave-in-NW-DC-NETS-298K-
Business Details
Year Established:
1990
Employees:
1
FE&E:
$150,000
Reason for sale:
Retirement
Lease & Tenant Information
Lease Expiration:
11/30/2035
Lease Options:
$8,500
Other Information
Listing Number:
090122-858132
Sales:
$1,054,970
Seller's Discretionary Earnings:
$298,256
Inventory:
$200,000
Posting Information
Posting ID:
ID tw:87803 / Listing Number 090122-858132
Business Category:
Liquor Related Biz, Convenience Stores
Keywords:
Transworld
Send NDA Request
Please complete the form below to request the NDA for this listing. The broker will review your request and send the NDA for you to sign.
Posting Title
Top Notch Liquor Store on Main Ave in NW DC NETS $ 298K!!!
Posting ID
#*4f25b71bf80b1ae3c9631c81a097d24c*87803
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Email (Required)
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NDA Signed Successfully!
Your NDA has been signed and submitted. The broker will review and countersign it. Once complete, you will receive access to confidential business details.
Agent, Broker or Seller Contact
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District of Columbia
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$ 825,000
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Upscale FRENCH Gourmet Restaurant & Bar NETS $ 123K!!!!!
$ 300,000
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Business Owners: We represent prequalified buyers/clients that are very interested in buying all types of businesses and leading restaurants and bars. If you have any interest in selling your business at this time or in the near future, please contact me. Our buyers are already qualified and willing to invest their time and money in a business like yours. All communications are kept STRICTLY CONFIDENTIAL. IF INTERESTED PLEASE CALL: Hugo Gonzalez (Senior Business Advisor, Transworld Business Advisors, Downtown DC | Annapolis | Baltimore | New York City) at Cell (202) 929-5353 or by email, hgonzalez@tworld.com & we shall respond soon. 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Washington, District of Columbia
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CF : $ 479,803
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District of Columbia
FAMOUS Corner-Liquor Store in NE DC NETS$ 261K!!!!!
$ 550,000
Beautifully State of the Art Store | Class 'A' DC ABRA License | Low Rent | Busy Area !!!!!!!!!! LOCATION, LOCATION, LOCATION!!!!!! Located in one of DC's most busy crossroads, this liquor store has been a proven success it's first two years in business and will continue to thrive for many generations to come with the right buyer. An unparalleled opportunity in America's National Capital with great location at the fork of two key avenues. This nicely renovated corner store stands alone in the market, free from competition with unmatched street parking and busy intersections surrounding. Business is surrounded by top shopping, restaurants, and gas stations in a busy corridor with a continuing flow of customers throughout the year. This is an excellent investment opportunity that you won't want to miss. The business has a loyal clientele already from the surrounding businesses and residential neighborhoods. The business also has a stable and constant flow of walk-in customers throughout the year. ATTENTION SERIOUS BUYERS All bona fide buyers please send appropriate financials and you will have a response. This is an ideal opportunity for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the amazing business in NW DC, or who is looking to add another store at a prime location or who are looking to buy the first fantastic store at the right super busy street location. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION!!!!!!!!!!!!!!!!!! Location: High Visibility Cornerstone at busy intersection Business Opportunity: Wines, beers & Liquor Highly Profitable Site Net Margins: 40 %+/-. Sales: +$840,000.00 (Including sales tax ) Net income/SDEs: $ 251,290.00 Yearly Revenue and Profit Trends: Steadily Growing Inventory: $220,000 (approx.) NOT included in the asking price (fast moving varieties) Long lease: Long term Store size 2,421 square feet Low Monthly Rent $6,500 (NNN) with standard DC 3% Annual Lease increases) Landlord quality: Excellent and Low Rent (Owner will become landlord) Employees: Full time,1 Part time 1 Sale Price: $ 550,000.00 (Excl. inventory.) LOYAL CUSTOMERS BASE TYPE Well established mixture of large retail, commercial, and residential areas. Many pedestrians are waiting outside for the owner to open the store at 12pm somedays. With stricter and earlier hours, you will do more business. Reason for sale: Diversification in other industries in VA. A good business for cash flowing value investors. Proof of Funds Required. Hours of operation: MON-SAT: 11AM-10PM SUN: 12PM-7PM THE UNMATCHED GLOBAL POWERHOUSE TRANSWORLD VALUE This once in a lifetime business opportunity is for sale with property is proudly offered by Transworld Business Advisors, the number one business brokerage firm 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 BUSINESS OWNERS, LETS HELP US SELL YOUR BUSINESS CONFIDENTIALLY We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future, please contact us. Our buyers are already prequalified and willing to invest their time and money toward a business like yours in order to buy it soon. All communications are kept STRICTLY CONFIDENTIAL for the sale of your business. FOR INTERESTED PARTIES PLEASE CALL Matthew Maier, Business Advisor & Consultant at Cell (571) 268 1884 or by email mmaier@tworld.com or Aamer Chaudhary President/CEO Transworld Business Advisors, Downtown DC, Annapolis, Baltimore & New York City at Cell (202) 509 3739 or (703) 457-0362 Or Off (202) 461 2204 or by email, Achaudhary@tworld.com & We shall contact soon. - Continue to grow this business through digital marketing and possibly better signage and lights. drawing people from the main street inside. -Add more delivery services like Uber Eats and Door dash. - Increases hours to stay open a hour or two later and later on Sundays. - Start drive through services or curbside pickups to boost sales https://tworld.com/locations/District-of-Columbia/dcdowntown/listings/FAMOUS-Corner-Liquor-Store-in-NE-DC-NETS-261K--
District of Columbia
10+ Old Liquor Store on Prime NW DC Ave
$ 550,000
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District of Columbia
90+YR old Top Producing Liquor Store BIZ in NW DC NETS $212K!!
$ 750,000
Class 'A' DC ABRA License | Low Rent & Long Term Lease | Staple Store in a NW Residential Community | Sales Steadily Growing For over 90 years, this local community liquor store has been providing its loyal customers with a variety of wines, liquors and beers in very inviting, comfortable setting. Current owner for over 33 years, has successfully managed the business backed by the surrounding neighborhood. The clientele is extremely loyal to this store and there is a park nearby a lot of people congregate at which makes this business opportunity amazing for the new owner/s to immediately capture a solid footprints in this bustling Washington DC neighborhood. LOCATION, LOCATION, LOCATION!!!! Strategically located in one of DCs most diverse and close knit NW DC neighborhoods. Surrounded by cafes, salons, and eclectic restaurants, on a key busy avenue. The owner has been thriving for many years and new owner can continue the legacy of serving the marketplace, customers love this business, as a go to spot. If you are truly interested in this value investing and long successful business opportunity, please contact us or you will receive a response. Please dont waste our time and we wont waste yours. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION!!!!!!!!!!!!!!!!!! KEY BUSINESS INFORMATION: Location: High Visibility Cornerstone at busy intersection Business Opportunity: Wines, beers & Liquor Highly Profitable Site Net Margins: 40 %+/-. Sales: +$847,549.00 (Including sales tax ) Net income/SDEs: $ 212,427.00 Yearly Revenue and Profit Trends: Steadily Growing Inventory: $190,000 (approx.) NOT included in the asking price (fast moving varieties) Long lease: Long term 5 YR + 5 YR OPTION - Store size 1,121 square feet Low Monthly Rent $5,500 (NNN) with standard DC 3% Annual Lease increases) Landlord quality: Excellent and Low Rent Employees: Full time,1 Part time 1 Sale Price: $ 750,000.00 (Excl. inventory.) LOYAL CUSTOMERS BASE TYPE Well established mixture of large retail, commercial, and residential areas. Many pedestrians are waiting outside for the owner to open the store at 12pm somedays. With stricter and earlier hours, you will do more business. This is a once in life and rare opportunity for an experienced buyer and selling only for the reason that owner is older and retiring and he has no succession plans in place. This store has a lot of online gamblers in the area and is adding new gambling machines from DC govt and will further boost the income stream. Fast moving and well balanced inventory. Inventory is not included in asking price. Proof of Funds Required (upfront). Seller Financing: Is available for high quality credit customers only. Reason for Sale: Retirement A 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 The White House Area downtown 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! FOR BUSINESS OWNERS, LETS HELP US SELL YOUR BUSINESS CONFIDENTIALLY We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future, please contact us. Our buyers are already prequalified and willing to invest their time and money toward a business like yours in order to buy it soon. All communications are kept STRICTLY CONFIDENTIAL for the sale of your business. FOR INTERESTED PARTIES PLEASE CALL Matthew Maier, Business Advisor & Consultant, Transworld Business Advisors, Downtown, Washington DC, at Cell (571)-268-1884 or by email mmaier@tworld.com Strong growth potential with high levels of profitability forecasted in the coming years as customers are happy with the business and its prime corner location, the variety of products and services. Business knows their customers in terms of their evolving needs and wants and customers know this business for decades. Going forward the following marketing strategies and cost effective tools/ techniques will further help boost the business for the new owner: -renewing focus on liquor, wine and spirits products -deliveries to retail and commercial customers in DC and beyond -direct mails (to further reach out local communities) -on site marketing (weekly promotions to drive in more customers) -run wine tasting events and allow customers to sample beverages) -online marketing and sales (currently online sales are not happening whereas millennials and universities students' community are seeking online purchase options (for their private parties) and willing to pay more money for their purchases and other liquor stores are offering such services in DC) -digital marketing campaigns will add more sales in future -extended working hours (store can stay open till 12 pm or 1 am) that will boost sales especially on the weekends and public holidays https://tworld.com/locations/District-of-Columbia/dcdowntown/listings/90YR-old-Top-Producing-Liquor-Store-BIZ-in-NW-DC-NETS-212K-