100+Yr Old Main Ave Upsale Liquor Biz NETS $260K in NW DC!!!!!
Business Description
2025 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 30 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 $ 137,000/- (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: $ 1,085,146.55 (2024) Wine: Liquor: Beers - 50% :40% :10% SDEs/Cash Flow: $260,807.85 (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 July 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 $ 1,290,000.00, 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.
About the Business
- Years in Operation
- 100
- Number of Employees
- 2
- Facilities & Assets
- Incepted in 1921 as a family business, and it has been growing in revenue ad income year on year thank to its super hot top busy main avenue location in downtown DC and the lucrative surroundings. Excellent services, customer oriented attitude, range of products offered, strong systems, highly professionals working culture has brought the business thus far. Owner has ensured the state of the art inventory management system and technology to meet the challenges of maintaining the large variety of liquors, wines an spirits in the store that never runs out
- Market Outlook / Competition
- Low competition thanks to their strategic location on the busy NW main ave as this store is easily accessible than in other areas and offering large options to to meet customer choices at reasonably low prices. Competitive advantage this business enjoys because of their location and just location which is top notched, surrounded by long established residential communities as well as commercials around the area, including top hotel brands Additionally, rent is extremely low ($8,300/- monthly - incl. non) with long term lease.
- Opportunities for Growth
- Strong growth potential exist with higher profitability forecasted in the coming years as customers are happy with business and its prime main ave downtown DC location on top of variety of products it offers backed by better management in place. This business has become an undisputed local staple brand in the area and enjoying stronger brand equity. For around 4 decades the management knows their customers in terms of their evolving needs and wants and customers know this business for decades as a value provider happy place.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,100
- Rent
- Not Disclosed
- Lease Expiration
- 3/12/2035
About the Sale
- Seller Motivation
- Retirement
- Transition Support
- 4 weeks
- Financing Options
- Financing Amount $400.000,00 Interest 6% Terms 48 Monthly Payment $9.430,00
Listing Info
- ID
- 2364713
- Listing Views
- 1400
Listing ID: 2364713 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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