Hot Listing
Established Profitable Liquor & Lottery Store Very Busy Georgia Ave NW
Business Description
Liquor licenses since 1960 – 7-day license,9:00 AM to 12:00 Midnight
Financial Overview – Last 3 Years
2024: $1,126,180 in sales with a 30% profit margin, estimated take-home approximately $340K
2023: $1,421,404 in sales with a 30% profit margin, estimated take-home approximately $426K
2022: $2,325,612 in sales with a 20% profit margin, estimated take-home approximately $465K
3-Year Average Sales: $1.624M
The business is available for purchase at $498K. Please note that inventory, currently valued between $300K–$400K, is not included in the sale.
Operations & Expenses
Average Monthly Sales: $150K
Rent: $4,000/month plus NNN $1,000 (Total $5,200/month)
Utilities: Approximately $1,000/month
Payroll: $8,000/month for 2 full-time and 1 part-time staff
Business Highlights
Over 10 years in operation
Very busy and well-established liquor store
5-star customer reviews
Low rent in a prime location
2-level building: 1,500 sq ft main level and 1,500 sq ft basement
Turnkey business with experienced staff
Well-maintained fixtures and refrigeration units
Opportunity for growth and expansion
Financial Overview – Last 3 Years
2024: $1,126,180 in sales with a 30% profit margin, estimated take-home approximately $340K
2023: $1,421,404 in sales with a 30% profit margin, estimated take-home approximately $426K
2022: $2,325,612 in sales with a 20% profit margin, estimated take-home approximately $465K
3-Year Average Sales: $1.624M
The business is available for purchase at $498K. Please note that inventory, currently valued between $300K–$400K, is not included in the sale.
Operations & Expenses
Average Monthly Sales: $150K
Rent: $4,000/month plus NNN $1,000 (Total $5,200/month)
Utilities: Approximately $1,000/month
Payroll: $8,000/month for 2 full-time and 1 part-time staff
Business Highlights
Over 10 years in operation
Very busy and well-established liquor store
5-star customer reviews
Low rent in a prime location
2-level building: 1,500 sq ft main level and 1,500 sq ft basement
Turnkey business with experienced staff
Well-maintained fixtures and refrigeration units
Opportunity for growth and expansion
About the Business
- Years in Operation
- 10
- Facilities & Assets
- The sale includes all essential facilities and operational assets for immediate business continuity. This includes shelving and display racks, refrigeration units for beer, wine, and specialty beverages, wine racks, and display cases for premium spirits. The store is equipped with a POS system, security cameras, alarm system, checkout counters, and office equipment. Additional assets such as cleaning equipment, and select inventory may also be included, offering a turnkey opportunity for a new owner.
- Market Outlook / Competition
- Located in the vibrant Petworth neighborhood, this mixed-use property offers an excellent investment opportunity in one of Washington, D.C.’s fastest-growing corridors. Surrounded by thriving local businesses, new residential developments, and strong community foot traffic, the building is competitively positioned within the market. Recent sales along Georgia Avenue highlight continued demand, making this an ideal opportunity for investors or business owners seeking a prime location with long-term growth potential.
- Opportunities for Growth
- This property offers significant potential for growth and expansion, whether through redevelopment, additional leasable space, or enhancements to existing structures. Situated in a rapidly developing area, it benefits from increasing foot traffic and a strong local economy. Investors and business owners have the opportunity to capitalize on these trends by customizing the space to meet modern commercial needs, expanding operations, or repositioning the property to attract new tenants and customers.
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $5,200.00 per month
- Lease Expiration
- 10/31/2030
About the Sale
- Seller Motivation
- The owner is pursuing a new business opportunity in another industry.
- Transition Support
- Comprehensive support and training to ensure you are fully equipped to use the product effectively. Assistance is available for two weeks after purchase, during which we answer questions, offer step-by-step instructions, and provide resources to ensure a smooth experience. Our goal is to make sure you feel confident using all features.
- Financing Options
- SBA
Listing Info
- ID
- 1835750
- Listing Views
- 432
Listing ID: 1835750 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.
Businesses for SaleDistrict of Columbia Businesses for SaleDistrict of Columbia Food & Beverage Businesses for SaleDistrict of Columbia Liquor Stores Businesses for Sale
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