Beer / Wine / Liquor Store
Location:
United States
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Dist. of Columbia
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Washington
Industry: Food and Beverage > Liquor Stores
Business Summary
This is the most recognized / respected Wine, Beer & Spirit Store for sale 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 seller will finance $100,000 of the inventory for 4 years at 6%. For additional information please email or call Memar Sadeghi. Cell: 240-350-9654; Office: 301-572-6000 Ext. 322.
Financials
Asking Price Range: $500K - $1.0M
Gross Revenues:
$1,740,000
Cash Flow:
$266,000
Cash Flow Type: Sellers Discretionary Cash
Inventory: Not included; equipment: $10000.
Seller Financing: Yes
About The Business
Year Established: 1934
Number of Employees: 1 - 3
Relocatable: No
Franchise: No
Current Real Estate: Leased
Property: Property For Lease
About The Sale
Management Training and Support: 3 weeks.
Reason For Selling: Relocating to California.
Click on the "I'm Interested" button above for more information on this Food and Beverage > Liquor Stores business for sale.
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Print Listing Id: 700111802
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