Premium Liquor Store Opportunity in Northeast Washington, DC
OVERVIEW
An opportunity to acquire an established liquor store in a developing Northeast Washington, DC neighborhood. With a modern retail buildout, established supplier relationships, and operational systems already in place, the business offers a foundation for a buyer seeking to enter or expand within the DC beverage retail market.
Market & Competition
Situated beneath a luxury apartment development, the store benefits from proximity to nearby residents and working professionals. Continued residential development in the surrounding neighborhood presents opportunities for an expanding customer base, while the convenient ground-floor location supports accessibility for local shoppers.
Growth Opportunities
Potential growth opportunities include expanding the store's product selection to better serve evolving customer preferences and introducing targeted local marketing initiatives. Strengthening community engagement and customer retention efforts could also help attract repeat business and support long-term growth.
Asking Price
$625,000
Financial Summary
- Gross Revenue: ~$1,200,000
- Cash Flow: ~$150,000
Listing Highlights
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Approximately 1,300 sq. ft. of modern retail space
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Retail buildout completed in 2023
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Established supplier relationships
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Point-of-sale and inventory management systems in place
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Furniture, fixtures, and equipment (FF&E) included
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Leased premises with lease expiration listed as January 1, 2033
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Monthly rent of $6,500
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Inventory valued at approximately $250,000, not included in the asking price
Seller Transition
Owner offers transition support and training