MergerPlace

Liquor Store in Growing Community

Minnesota


  • Asking Price: $90,000
  • Gross Income: $1,035,896
  • Cash Flow: $58,377
  • Real Estate: Not Disclosed
  • Inventory: $100,810
  • FF&E: $80,000
  • Listing ID: #212824
  • Established: 2006
  • Employees: 1 FT / 2 PT

Business Description

This successful liquor store has been open since 2007 with sales annually over $1M. Fine-tuned inventory mixed between wine, liquor and beer meets the needs of 95% of the customer's desires. Store has been voted the Readers Choice Best Liquor Store 8 years in a row by the readers of the local newspaper. It has as been selected as one of the Top Three Finalists for Best Liquor Store in the southwest metro area.

The store has 3,600 sq ft in a 13,000 sq ft strip center. The liquor store has a unique layout that is inviting and uncluttered. Other building tenants are mostly national franchise businesses.

An off-sale liquor license in required to operate the store. Retail experience is a plus for a new owner. The main competitors are several other off-sale stores in the same town.

The store has a large walk-in cooler, 2 reach-in coolers, 30 lay-down wine racks, approximately 60 feet of shelving, computer systems, multiple printers, network equipment, ADT video and security systems, office furniture, and back-room storage shelving. The interior of the store is one of the finest in MN for a store of it's size. Inventory is NOT included.

The store is located in one of the fastest growing cities in Minnesota. Several new developments in the area near the store will provide several hundred new customers. New businesses are currently building in the area which will provide additional traffic.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Minnesota

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 1 FT / 2 PT

Financial Information

Asking Price: $90,000
Gross Revenue: $1,035,896
Cash Flow: $58,377
FF&E: $80,000
Inventory: $100,810
Seller Financing Available: No

Property Information

Facilities:

The store leases 3,600 sq ft in a 13,000 sq ft strip center. All the property is in good repair.

Growth & expansion opportunities:

The store is in one of the fastest growing cities in Minnesota. New residential and business development in the close area will be creating additional traffic and customers.

Competition:

There are several other off-sale liquor store in town.

Reason for selling:

The owner wishes to retire.

Support & Training:

An off-sale liquor license is required to operate the store.

Contact Business Seller

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Business Listed By:

Darrel Damhof

Murphy Business Brokers