ABSENTEE, SBA Appvd,90yr Old DC Classic Liquor Biz NETS $ 181K!! - Business for Sale
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Absentee-Run Liquor Store in Downtown Washington, DC
District of Columbia, DC, US
Added today
Food & Beverage, Retail Stores, Wholesale & Distribution
90 years in business
RemoteAbsentee / Semi-AbsenteeRetiring Owner
A 90-year-old absentee-run wine and 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
- Established in 1936 (90 years in operation)
- Absentee owner; owner not involved in day-to-day operations
- Store size: 1,010 sq ft with monthly rent of $4,400 (NNN)
- Long-term lease: 5 years plus 5-year options
- Over 90% of business from established local customers
- Seller financing available
- Reason for sale: owner retiring
- Remote / relocatable: true
Contact Info
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