Georgia Ave Nw, WASHINGTON, DC

$498,000

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0.05

Acres

About Georgia Ave Nw

Liquor licenses since 1960 – 7-day license,9:00 AM to 12:00 Midnight

$350,000
$1,400,000
$5,200 per Month (Rent)

Financial Overview – Last 3 Years

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

The business is available for purchase at $498K. Please note that inventory, currently valued between $200K–$300K, is not included in the sale.

Operations & Expenses
Average Monthly Sales: $150K
Rent: $4,000/month plus NNN $1,000 (Total $5,200/month)
Utilities: Approximately $1,000/month
Payroll: $8,000/month for 2 full-time and 1 part-time staff
Business Highlights
Over 10 years in operation
Very busy and well-established liquor store
5-star customer reviews
Low rent in a prime location
2-level building: 1,500 sq ft main level and 1,500 sq ft basement
Turnkey business with experienced staff
Well-maintained fixtures and refrigeration units
Opportunity for growth and expansion

Features of Georgia Ave Nw

MLS® # DCDC2229236
Price $498,000
Bathrooms 0.00
Acres 0.05
Year Built 1922
Type Business Opportunity
Sub-Type Retail
Status Active

Community Information

Address Georgia Ave Nw
City WASHINGTON
County WASHINGTON-DC
State DC
Zip Code 20011

Amenities

Is Waterfront No

Interior

Heating Other
Has Basement No
Fireplace No

Exterior

Exterior Concrete/Block

School Information

District DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

Zoning MU4
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeNK Real Estate Group, LLC
Contact Info2028880043

Listing Map

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