ABSTEE, 60+Yrs Old, SBA Appd, CASH COW LIQ-Biz in DC NETS $ 486K - Business for Sale
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Liquor Store with 60+ Years History in Washington, DC
DC, US
Added 1 month ago
Liquor Store
65 years in business
Absentee / Semi-Absentee
A liquor store with over 60 years of operation is located on a high-visibility corner in Washington, DC, serving residential, commercial, and tourist customers.
Key Information
Asking
$1.8M
Revenue
$1.7M
Earnings
$487K
Multiple
3.8x
Key Highlights
- Business established since 1961 (65 years in operation)
- Store size: 2,218 sq ft with monthly rent of approximately $9,100
- Lease: 5 years plus 5-year option
- Customer base: over 90% local retail customers, primarily white-collar and middle to high income groups
- Owner involvement: absentee owner
- Product mix: 57% wines/liquors, 43% beers
Contact Info
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