The Excellence of living in Wrapche

GEORGIA AVENUE NW

WASHINGTON , DC 20011

MLS#: DCDC2229236

$498,000

Status: Active
Listing number: DCDC2229236
Listing provided by: NK Real Estate Group, LLC
Listing agent phone: None
Last update: 4 months ago
On site: 4 months ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1922

Sq.Footage

N/A

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>

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Heating YN

    YES

  • Heating

    Other

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Concrete

  • Parking

    None

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.05

  • Property Type

    Commercial Sale

  • Property Sub Type

    Retail

Price

  • Sales Price

    $498,000

  • Tax Amount

    $13,167

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Sewer

    Other

  • Tax Lot

    61

  • Water Source

    Other

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Location

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WASHINGTON

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Listing Courtesy of Nisha Kaur , NK Real Estate Group, LLC

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Agent Rumpel Štilski

AGENT

Rumpel Štilski

Call Rumpel today to schedule a private showing.

(091) 384-5140

kornelije.josic+jk@init.hr


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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>

GEORGIA AVENUE NW

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