Premier Liquor Store and Fine Wine Shop in busy NW Washington DC

Washington, DC (District of Columbia County)

Seller Financing Available
Premier Liquor Store and Fine Wine Shop in busy NW Washington DC
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Asking Price: $245,000

Cash Flow: $100,000

Gross Revenue: $580,000

EBITDA: N/A

FF&E: $25,000

Inventory: $140,000*

Rent: $7,850 /Month

Established: 1980

*not included in asking price.

Premier Liquor Store and Fine Wine Shop in busy NW Washington DC

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Business Description

Great rent and reputation! Best suited for a full/part time owner operator
One of the oldest liquor stores in NW Washington DC with a great
tradition of both friendly personalized service and well selected craft
beers, fine wines and spirits.
Wide frontage on main street of this eclectic and vibrant commercial
Adams Morgan district within a dense and close-in residential
neighborhood with mix of high affluence and middle-to-lower income
households, Rent of $7850 per month for 2500 SQ FT is rare in this
area with potential to open a Wine Bar in Basement which needed in
this neighborhood of wine drinkers

Detailed Information

Location:
Washington, DC
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,500
Lease Expiration:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
This Liquor store is the premier Liquor Store and Fine Wine Shop.. Owned and operated and has been part of Washington DC community since 1980. the store is family oriented, We have one of the biggest selections of fine red wines, white wines, beers and spirits. We aim to provide our customers with the very best customer service, fast shipping, largest selection and best prices available online. Our goal is 100% satisfaction
Competition:
This facility located in busy NW Washington Dc near Adam's Morgan and there are some normal competition but the sales are there and it is a profitable business
Growth & Expansion:
The new owner with fresh energy could add Wine Bar in basement or Deli and maybe upstairs a small Vape Shop all of these will bring great revenue to the business
Financing:
Owner will finance the inventory at 7%
Support & Training:
2-4 weeks
Reason for Selling:
Retiring
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Paul Nowzari

Business Listed By:
Paul Nowzari

BBDC

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Sponsoring Broker:
Toby Barker

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