ABSENTEE, SBA Appvd,90yr Old DC Classic Liquor Biz NETS $ 181K!! - Business for Sale
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Absentee-Owned Liquor Store in Downtown Washington, DC
DC, US
Added 1 month ago
Liquor Store Retail
90 years in business
Absentee / Semi-AbsenteeRetiring Owner
A 90-year-old absentee-owned retail liquor store with a Class A ABRA full liquor license is located on a busy main street in downtown Washington, DC.
Key Information
Asking
$525K
Revenue
$417K
Earnings
$180K
Multiple
2.9x
Key Highlights
- Years established: 90 (since 1936)
- Absentee ownership
- Inventory worth approximately $160,000 included in sale price
- Monthly rent: $4,400 plus NNN for a 1,010 sq ft store
- Long-term lease: 5 years plus 5-year options
- Class A ABRA full liquor license included
- Customer base: Over 90% established local customers (white collar and middle income groups), with additional commercial, residential, tourist, and commuter traffic
- Owner is selling due to retirement
Contact Info
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