GEORGIA AVE NW, Washington, DC 20011

Property 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>

Listing Status:

Active

Listing Office:

NK Real Estate Group, LLC : 2028880043

Listing Agent:

Nisha Kaur : 5712121855

MLS ID:

DCDC2229236

Interior

• Heating: OtherOther
• Disability Feature: Other

Construction

• General: Concrete

Location

• Originating MLS: BRIGHT_MAIN
• School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
• County: WASHINGTON-DC

Lot

• Zoning: MU43001//0061
• Current Use: Beer/Wine/Liquor

Utilities

• Water: Other
• Sewer: Other

Financial

• Source: BRIGHT_MAIN

This listing courtesy of Nisha Kaur, NK Real Estate Group, LLC