Georgia Ave Nw

Highlights:

• Current Use: Beer/Wine/Liquor
• Business Type: Other/General Retail

Description:

Liquor licenses since 1960 – 7-day license,9:00 AM to 12:00 Midnight
<br><br>
$350,000<br>
$1,400,000<br>
$5,200 per Month (Rent)<br><br>

Financial Overview – Last 3 Years
<br><br>
2024: $1,126,180 in sales with a 30% profit margin, estimated take-home approximately $340K
2023: $1,421,404 in sales with a 30% profit margin, estimated take-home approximately $426K
2022: $2,325,612 in sales with a 20% profit margin, estimated take-home approximately $465K
3-Year Average Sales: $1.624M
<br><br>
The business is available for purchase at $498K. Please note that inventory, currently valued between $200K–$300K, is not included in the sale.
<br><br>
Operations & Expenses<br>
Average Monthly Sales: $150K<br>
Rent: $4,000/month plus NNN $1,000 (Total $5,200/month)<br>
Utilities: Approximately $1,000/month<br>
Payroll: $8,000/month for 2 full-time and 1 part-time staff<br>
Business Highlights<br>
Over 10 years in operation<br>
Very busy and well-established liquor store<br>
5-star customer reviews<br>
Low rent in a prime location<br>
2-level building: 1,500 sq ft main level and 1,500 sq ft basement<br>
Turnkey business with experienced staff<br>
Well-maintained fixtures and refrigeration units<br>
Opportunity for growth and expansion<br>

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Listing ID: 804272285480