The $1.4M Liquor Store That Prints $500K/Year

In this episode the hosts break down a surprisingly solid liquor store deal in Washington, DC, questioning whether a 3x multiple and $500K SDE is too good to be true.Business Listing – https://www.tworld.com/buy-a-business/listings/80yrs-old-sba-appd-profitable-corner-liquor-biz-in-nw-dc-Welcome to Acquisitions Anonymous – the #1 podcast for small business M&A. Every week, we break down businesses for sale and talk about buying, operating, and growing them.💰 Sponsored by:Verivend – The smartest way to manage capital calls and distributions. Automate investor transactions and streamline your back office with https://www.verivend.com/Capital Pad – Simplify your SMB deal process. From LOI to closing docs, Capital Pad helps you run transactions smoothly. Learn more at https://capitalpad.com/This week, the team reviews a long-established liquor store in Northwest Washington, DC. With $2M in annual revenue and $500K in SDE, the business is priced at $1.4M—plus $290K in inventory—putting the effective multiple just over 3x. The store has been operating since 1941 and sits on a corner in a high-traffic, high-income neighborhood with a 10-year lease at $9,500/month.Key Highlights:- Asking price: $1.4M + $290K inventory, SDE: $500K- Liquor store in DC proper with 80+ years of history- 10-year lease at $9,500/mo in a high-income area- SBA-preapproved (though Heather warns that means nothing without tax returns)- Macro headwinds in alcohol consumption vs. 10% YoY sales growthSubscribe to  weekly our Newsletter and get curated deals in your inboxAdvertise with us by clicking hereDo you love Acquanon and want to see our smiling faces? Subscribe to our Youtube channel.Do you enjoy our content? Rate our show!Follow us on Twitter @acquanon Learnings about small business acquisitions and operations.For inquiries or suggestions, email us at [email protected]