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