- Listing ID: 878339
- (Seller ref: 3099)
Beer Wine & Liquor Store In Washington DC For Sale
- Location:
-
- USA
- > North East
- > District of Columbia
- > Washington, DC
- > Washington
- Category:
- Type:
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Summary
- Asking price:
- $865,000 (Furniture / Fixtures included)
- Sales revenue:
- $1,740,000
- Cash flow:
- $266,000
- Years established:
- 75
Business description
This is the most recognized / respected Wine, Beer & Spirit Store 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. The sale price does not include inventory. Pre-approved for a $600,000 SBA loan at 5% for a qualified buyer, in addition seller will finance $100,000 of inventory for 4 years at 6%.
Property information
- Real Estate:
- Lease
- Lease terms:
- Bldg. Size: 2,600 Sq. Ft. + 1,000 Sq. Ft. Basement; Lease Period: 2011; Options: 10 Years; Month Rent: $14,872+++; Deposits: $36,000.
Other information
- Support & training:
- 3 Weeks.
- Reasons for selling:
- Relocating to California.
- Trading hours:
- Mon - Sat: 10AM - 8PM
- Owner financing:
- Owner financing is available. Please contact the seller for more information.
- Financing available:
- $300,000 for 4 years at 8%
- Furniture / Fixtures value:
- $10,000 (included in the asking price)
- Inventory / Stock value:
- $300,000
Contact the seller
For more information about this business for sale, click the Contact Seller button.
Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.
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- USA
- > North East
- > District of Columbia
- > Washington, DC
- > Washington
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