Listing Number: 090122-900461
Description
2024 Sales up 15% with Steady Profit Margins | Owner Absentee | SBA Prequalified | Class 'A' DC ABRA License | Low Rent & Long Term Lease | Super Visible Walking Distance Location from The White House | Highly Profitable
For over 94 years, this local magnet brand on super key ave has been providing its downtown DC customers with large varieties of wines, liquors and beers product brands in very inviting, comfortable retail settings.
Owner (2nd from the original founders) for over 4o years, has successfully established this great business backed by satisfactory customer experiences, built long lasting relationships with key suppliers/vendors and have been consistently maintaining vast products lines at attractive prices, with user friendly processes and management system in place which makes this business opportunity amazing for the new owner/s to immediately capture a solid footprints in one of the best downtown Washington DC areas.
Over the decades the Company has well crafted its excellent relationships with permanent patrons in order to maximize efficiency in the store by keeping day to day operational and COGS under control to enjoy stronger net cash flows each year consistently. The results, a profitable, well reputed, well-run, well-staffed business ready for new ownership to step in and take it to the next level in coming years.
Do not want to deal with tire-kickers. If you are truly interested in this value investing and long successful business opportunity, please send us your 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 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. 85% of business is with the local neighborhoods and store gets crazy business when tourists and visitors hit downtown DC o on any business events. Fast moving and well balanced inventory of $ 237,000/- (approx) is not included in asking price.
Established since: 1921
Location: High visibility busy NW DC Ave, with ample parking available
Area: Highly sought after Downtown DC Location
Average Net Margins: 39 %+/-.
Sales: $ 1,303,146.55 (2024)
Wine: Liquor: Beers - 50% :40% :10%
SDEs/Cash Flow: $336,807.85 (including cigarettes, ATM, lottery, tips and grocery items incomes)
2,395 SF Store + SF (incl. basement storage facility) with low monthly rent of $8,300/- (with CAM).
Lease terms: 10 years.
Majority Customers Type: Well established residential and commercial
Yearly Revenue and Profit Trends: Steadily growing
Hours of operation: SUN-WED: 11AM-8PM, THU-SAT: 11 AM-7PM
Proof of Funds Required (upfront).
Seller Financing: Is available for high quality credit customer, against inventory only.
ONGOING FANTASTIC PERFORMANCE IN 2025 (Sales Performance and growth trends are persistent):
From January and April 2025, the business is growing around 17 % comparing with 2024, while profit margins are remaining intact over 40%.++ per the owner. Also, they are positively looking forward for a consistent full year performance with sales growing up to $ 1,490,000.00, with net income to remaining well intact.
THE POWER OF STRONG GROWTH POTENTIAL FOR YEARS TO COME FOR THE NEW OWNER
Business and its landmark location offers following growth opportunities to the buyers:
- Digital marketing launch can help boost business to reach larger groups of customers and thereby creating a stronger presence amongst the younger crowds as well as online sales for deliveries in 10 miles radius to customers and private parties supplies
- Delivery services to retail customers, private parties and commercial customers including restaurants and bars /governmental agencies all around DC
-Extended operational hours from 9 am to 12 am may further amplify the business as other liquors stores are open in the area till that time
- Digital marketing launch to reach our larger groups of customers to have stronger presence amongst the younger crowds
- Online sale is another area where the new owner has the opportunity to further grow the business since the existing owner is not doing that
RARE 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, please contact CEO/Principal (Trusted M&A Advisor) Aamer Chaudhary at 202-509-3739 /703-457-0362 or ACHAUDHARY@TWORLD.COM.
Listing Details
- Price: $ 1,260,000
- Down Payment: $400,000
- Sellers Discretionary Earnings: $ 360,000
- Total Sales: $ 1,274,000
- Location: District of Columbia
- Inventory: $ 250,000
- FF&E: $ 110,000
- Employees: 2
- Year Established: 1921
- Reason for Selling: Retirement
- Category: Liquor Related Biz
Business Listed By:
- Aamer Chaudhary
- Phone: (202) 509-3739
- Email: achaudhary@tworld.com
