Brilliant Store | Class 'A' DC ABRA License | Low Rent | Busy Area !!!!!!!!!!
LOCATION, LOCATION, LOCATION!!!!!!
Located in one of DCs most desirable areas in the NW, this thriving business model has been a proven success for decades and will continue that rich tradition for many generations to come with the right buyer.
An unparalleled opportunity in America's National Capital with great location on the key main ave. This exclusive long successful establishment stands alone in the market, free from competition and nestled amidst the most coveted demographic imaginable. Business is surrounded by top businesses such as Target, Wholefoods Market, American University, Ace Hardware, Panera and other top-rated franchises that underpins 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 for decades. The business also has stable and constant flow of walk-in customers throughout the year.
THE BUSINESS MODEL
Specializing in only the finest, ultra-premium brands wide range of products, the business caters to an elite clientele, offering an experience of luxury and sophistication. Moreover, the store boasts the most advanced temperature-controlled storage facilities currently available in the market, preserving the quality and integrity of their exquisite collection.
KEY FINANCIAL PERFORMANCE FACTS:
Sales are expecting to be growing 14-17% in 2025 and net profit is steady.
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: 1972
Location:High Visibility on Super Busy Street Business Opportunity: Wines, beers & Liquor with Short Hours, Highly Profitable Site Net Margins: 28.66 %+/-.
Sales: $596,716.00 (Including sales tax )
Net income/SDEs: $ 182,011.00 (NPM 30.36%)
Yearly Revenue and Profit Trends: Steadily Growing
Product Mix: Wine: Liquor: Beers - 50% : 40% : 10%
Inventory: $89,000 (approx.) NOT included in the asking price (fast moving varieties)
Long lease: Long term Store size 1,495 square feet Low Monthly Rent $ 6,901 (NNN) with standard DC 3% Annual Lease increases) - 5-year lease plus 5 years option (10 years lease).
Landlord quality: Excellent and Low Rent
No Deliveries. No Lottery, No Check Cashing and No ATM (All of these can be added to boost future incomes furthermore).
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, areas and visiting tourists in the area all year round. Over 90% of the business comes from established local residential areas customers having high household incomes.
KEY DIFFERENTIATOR/COMPETITIVE EDGE
Thanks to close proximity, Maryland and Virginia commuters also often stop by while passing through on their way home, after work.
The owner has long experience in the liquor business and has effectively kept operational costs under control for long years and that's how has profited stronger net margins consistently.
Reason for sale: Retirement
A good business for cash flowing value investors.
Proof of Funds Required. Seller financing is available for inventory only Hours of operation: MON-SAT: 10PM-7PM (Sundays are off)
FOR INTERESTED PARTIES PLEASE CALL
Matthew Maier,
Business Advisor & Consultant at Cell (571) 268 1884 or by email Mmaier@tworld.com
Ad#:2419575
