Hot Listing
80Yrs Old, SBA Appd, Profitable Corner LIQUOR Biz in NW DC!!!!!!
Business Description
Semi Absentee & Operational Efficient | Top Corner | Low Rent | Long Term Lease | Great Potential Business Opportunity for Sale!!!!!!!!!!!!!!!!!
LOCATION, LOCATION, LOCATION
Fabulous Long Successfully Operated Large Liquor Store! Growing business located on a corner of a super busy major NW DC avenue and the business has over 7 decades of successful history and would continue that rich tradition for many generations to come with the right buyer.
This long established wines and liquors business is a great gemstone and source of consistent net income that have been steadily increasing over the years, owned by the present owner from 2002. Like a good Whisky, this business has aged with character, price, total cusotmer satifaction, reputation and depth of excellent relationships with their vedors and suppilers. Owner has diversified in other ventures with his next generation, such as multifamily real estate projects/business beyond DC and sincerely wants to leave his legacy in good professional hands to continuing serving the markplace with love and affactions and keep continuing growth intact in the future. Well-known and great location offers tremendous corner visibility and plenty of parking. The store is all beautifully built with no expense spared by the owner. Professionally operated by well-trained staff.
KEY BUSINESS FACTS & NUMBERS:
2024 Sales were up 9.93% organically and increasing in 11-14% in 2025 per projections of the owner, thanks to their customers loyalty and great price and variety of products as well as top notch services.
RIGHT BUYERS
Serious and bona fide buyers only. Ideal opportunity for an experienced industry buyer to enter and grow their portfolio, who is looking to add another store at a prime location as well as who are looking to buy the first store at the right place securing their future incomes.
ESTABLISHED SINCE: 1941
Location: High Visibility Corner
Business Opportunity: Wines & Liquor with Short Hours, Highly Profitable Site
Net Margins: 31.37 %+/-.
2024 Sales: $2,091,918.00 (Including sales tax )
Yearly Revenue and Profit Trends: Steadily Growing
Wines: Liquors/Beers - 57% : 43%
Inventory: $290,000 (approx.) not included in the asking price (fast moving variety)
2,710 SF: Store with low monthly rent of $9,500 approx. Long term lease (5 years plus 5 years options).
Majority Customers Type: Well established large, residential areas, commercial and vtourists. Over 90% of the business comes from established local retail customers (white color and middle to high income/per capita income groups).
Owner Involvement: Semi Absentee Owner
KEY DIFFERENTIATOR/COMPETITIVE EDGE
Surrounded by famous and well established high income residential communities, universities/colleges, globally known/operated office buildings including, IMF, The World Bank Group, International Finance Corporation, US Chamber of Commerce, leading hotels brands, as well as hyper active traffic of tourists and educated professionals throughout the area offer vastly abundant future growth opportunities for business with the right committed buyer. Thanks to the close proximity, Virginia and Maryland commuters also often stop by while passing through on their way home, after work.
FUTURE GROWTH OPPORTUNITIES USING BEST INDUSTRY PRACTICES
A strong hands-on future owner can reduce payroll and increase sales and profits of this already highly profitable business by tapping the following best industry practices/serivces:
- Online Sales
- Digital marketing to promte the business amongts the millennials and younger gens
- Deliveries to 5 miles radius
- Extending working hours
- Adding commercial cusotmers
- Targeting event supplies
Reason for sale: Retirement
A good business for cash flowing value investors.
Proof of Funds Required (upfront)
Seller financing is available (for inventory only)
Hours of operation: MON-SAT: 9 AM-9PM - SUNDAYS 9 AM -10 PM)
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
LOCATION, LOCATION, LOCATION
Fabulous Long Successfully Operated Large Liquor Store! Growing business located on a corner of a super busy major NW DC avenue and the business has over 7 decades of successful history and would continue that rich tradition for many generations to come with the right buyer.
This long established wines and liquors business is a great gemstone and source of consistent net income that have been steadily increasing over the years, owned by the present owner from 2002. Like a good Whisky, this business has aged with character, price, total cusotmer satifaction, reputation and depth of excellent relationships with their vedors and suppilers. Owner has diversified in other ventures with his next generation, such as multifamily real estate projects/business beyond DC and sincerely wants to leave his legacy in good professional hands to continuing serving the markplace with love and affactions and keep continuing growth intact in the future. Well-known and great location offers tremendous corner visibility and plenty of parking. The store is all beautifully built with no expense spared by the owner. Professionally operated by well-trained staff.
KEY BUSINESS FACTS & NUMBERS:
2024 Sales were up 9.93% organically and increasing in 11-14% in 2025 per projections of the owner, thanks to their customers loyalty and great price and variety of products as well as top notch services.
RIGHT BUYERS
Serious and bona fide buyers only. Ideal opportunity for an experienced industry buyer to enter and grow their portfolio, who is looking to add another store at a prime location as well as who are looking to buy the first store at the right place securing their future incomes.
ESTABLISHED SINCE: 1941
Location: High Visibility Corner
Business Opportunity: Wines & Liquor with Short Hours, Highly Profitable Site
Net Margins: 31.37 %+/-.
2024 Sales: $2,091,918.00 (Including sales tax )
Yearly Revenue and Profit Trends: Steadily Growing
Wines: Liquors/Beers - 57% : 43%
Inventory: $290,000 (approx.) not included in the asking price (fast moving variety)
2,710 SF: Store with low monthly rent of $9,500 approx. Long term lease (5 years plus 5 years options).
Majority Customers Type: Well established large, residential areas, commercial and vtourists. Over 90% of the business comes from established local retail customers (white color and middle to high income/per capita income groups).
Owner Involvement: Semi Absentee Owner
KEY DIFFERENTIATOR/COMPETITIVE EDGE
Surrounded by famous and well established high income residential communities, universities/colleges, globally known/operated office buildings including, IMF, The World Bank Group, International Finance Corporation, US Chamber of Commerce, leading hotels brands, as well as hyper active traffic of tourists and educated professionals throughout the area offer vastly abundant future growth opportunities for business with the right committed buyer. Thanks to the close proximity, Virginia and Maryland commuters also often stop by while passing through on their way home, after work.
FUTURE GROWTH OPPORTUNITIES USING BEST INDUSTRY PRACTICES
A strong hands-on future owner can reduce payroll and increase sales and profits of this already highly profitable business by tapping the following best industry practices/serivces:
- Online Sales
- Digital marketing to promte the business amongts the millennials and younger gens
- Deliveries to 5 miles radius
- Extending working hours
- Adding commercial cusotmers
- Targeting event supplies
Reason for sale: Retirement
A good business for cash flowing value investors.
Proof of Funds Required (upfront)
Seller financing is available (for inventory only)
Hours of operation: MON-SAT: 9 AM-9PM - SUNDAYS 9 AM -10 PM)
A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION
About the Business
- Years in Operation
- 71
- Employees
- 3
- Facilities & Assets
- Retail
Facility.
Owner has ensured excellent FF & E as well as leashold improvments along with the state of the art inventory management system. Top notch technology meets the challenges of maintaining the large and sufficient variety of wines, liquors and spirits in the market that never runs out of stock. Customers always get what they want at good price. Facilities including decor and interiors are well maintained and tidy to serve the customers daily with a classic ambiance every time the patrons visit the store. It is always a happy experience visit - Market Outlook / Competition
- Low, because there are no other nearby wines and liquor stores with such large varities, price offerings and excellent services as offered by this business consistently in the area, making this business very convenient for local residents as well any passing customers as one of the good go to stores to meet their liquor products buying related needs.
- Opportunities for Growth
- Current owner owns the store for over 23 years, and this is an semi absentee business opportunity, with the owner showing up only few times a week, depending on his availability from his other business ventures in multifmaily and commercial real estate.
Additionally, given the fact the current owner is old school and therefore, going forward with the right buyer there is huge growth potential to increasing revenue /profit by adding following best industry business practices;
1) Online store/presence
2) Digital marketing campaigns
3) Start deliveries
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 2,710
- Rent
- Not Disclosed
- Lease Expiration
- 6/25/2032
About the Sale
- Seller Motivation
- retirement
- Financing Options
- Owner Financing Amount $300,000.00 Owner Financing Interest 7% Owner Financing Terms
Listing Info
- ID
- 2260686
- Listing Views
- 4751
Listing ID: 2260686 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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