$Seller Financing Available
| Asking Price |
$865,000 | Inventory |
$200,000** |
|---|---|---|---|
| Gross Income |
$1,740,000 | Real Estate |
|
| Cash Flow |
$266,000 | Year Established | 1934 |
| FF&E |
$10,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
This is the most recognized / respected Wine, Beer & Spirit Store in the Country and a Washington, DC LANDMARK. Seller averages $1.8 million to $2.3 million annually with cash flow to owner close to $366,000 to $500,000 annually. Located on the hottest block of DC with very affluent clientele and the largest selection of Wine & Spirits. It is rated best Wine & Spirit selection in the nation every year by Wine Spectator Magazine. Absolutely no immediate competition. Blocks away from China Town, DC Convention Center, Exclusive Hotels, Law Firms, the Capital and many Fine Restaurants. Pre-approved for a $600,000 SBA loan at 5% for a qualified buyer, in addition seller will finance $100,000 of the inventory for 4 years at 6%. For additional information please contact Memar Sadeghi. Cell: 240-350-9654; Office: 301-572-6000 Ext. 322; Email: Memar@ciworldwide.com
Facilities: 2,600 Sq. Ft. + 1,000 Sq. Ft. Basement; Lease Period: 2011; Options: 10 Years; Month Rent: $14,872+++; Deposits: $36,000.
Seller Financing Available: Yes
Financing: $100,000 of the inventory for 4 Years at 6%
Support/Training: 3 Weeks.
Reason Selling: Relocating to California.

Memar Sadeghi
301-572-6000 ext. 322
Corporate Investment
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