Beer / Wine / Liquor Store
Location Dist. of Columbia,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1740000
Net Profit / Cash Flow $366000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1934
Number of Employees 1 - 3
Inventory Not included; equipment: $10,000.
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training 3 weeks.
Reason for Sale Relocating to California.
Description This is the most recognized / respected Wine, Beer & Spirit Store for salee in the Country and a Washington, DC LANDMARK. Seller averages $1.8 million to $2.3 million annually with cash flow to owner close to $366,000 to $500,000 annually. Located on the hottest block of DC with very affluent clientele and the largest selection of Wine & Spirits. It is rated best Wine & Spirit selection in the nation every year by Wine Spectator Magazine. Absolutely no immediate competition. Blocks away from China Town, DC Convention Center, Exclusive Hotels, Law Firms, the Capital and many Fine Restaurants. Pre-approved for a $600,000 SBA loan at 5% for a qualified buyer, in addition to seller financing inventory in the amount of $300,000 for 4 years at 8%. For additional information please email or call Memar Sadeghi. Cell: 240-350-9654; Office: 301-572-6000 Ext. 322.
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