100+Yr Old SBA Appd. Liquor Biz NETS $288K in Downtown DC!!!!! - Business for Sale
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Liquor Retail Store in Downtown Washington DC
District of Columbia, DC, US
Added 1 month ago
Liquor Store in Downtown DC
101 years in business
Absentee / Semi-AbsenteeRetiring Owner
A 100-year-old liquor retail business located in downtown Washington DC, offering a wide variety of wines, liquors, and beers.
Key Information
Asking
$1.1M
Revenue
$802K
Earnings
$287K
Multiple
4.0x
Key Highlights
- Business has been established since 1921 (over 100 years).
- Average net margins are 40%+.
- Store size is 2,580 square feet plus basement storage, with monthly rent of $7,900 (including CAM).
- Lease term is 10 years.
- Customer base is primarily well-established residential and commercial clients, with increased business from tourists and event visitors.
- Business operates with an owner absentee model and is SBA prequalified.
- Class 'A' DC ABRA liquor license is included.
Contact Info
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