High End 90yr Old Downtown-DC Liquor Biz Profits $ 176K!! - Business for Sale
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Absentee-Run Downtown DC Liquor Store with Full Liquor License
DC, US
Added 1 month ago
Liquor Store Retail
90 years in business
Absentee / Semi-AbsenteeRetiring Owner
A 90-year-old absentee-run retail liquor store with a full liquor license is located on a busy main street in downtown Washington, DC.
Key Information
Asking
$525K
Revenue
$417K
Earnings
$176K
Multiple
3.0x
Key Highlights
- Years established: 90 (since 1936)
- Store size: 1,010 sq ft
- Monthly rent: $4,400 plus NNN
- Inventory included in sale: approximately $143,000
- Business operates absentee
- 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 student traffic
- Lease: 5 years plus 5-year options
- Hours of operation: Monday-Saturday 10:30AM-7PM, closed Sundays
- Reason for sale: owner retiring
Contact Info
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