Listing Details:

  • Business Category:    Liquor Related Business
  • Business Price:           $1,200,000
  • Inventory:                    $500,000 not included in sale price
  • Real Estate:                 $3,300,000 sold separately    
  • Support & Training:     4 weeks              
  • Reason for Selling:     Other Investments 

Business Description

Established Package Liquor, Beer & Wine Store in Upper Midwest. Management in place or Owner/Operator opportunity. Consistent business. Property is a City Block (2.5 acres) on US Highway (9500 daily traffic). Located in a Lakes area, with growing population.



Detailed Information

  • Property of 2.5 acres, all paved with 60 parking spots.
  • Modern & updated Retail Store, approximately 15,000 square ft.
  • 3000 Sq Ft storage Bldg. on Property
  • Opportunity to Build/Lease/Sell portion of property to Fast Food/Retail Operation
  • Leased tenants generating $20k/year rent
  • Annual Revenue ~over $4 million
  • Gross Profit nearly 25%
  • Cash Flow nearly $400k
  • Great local reputation, involved with Community
  • Local College with 5500 students
  • Located on well-traveled US Highway in City
  • MN DOT daily traffic counts 9500
  • Located in growing city, with 21st Century manufacturing & a global attitude.

History

Established, well maintained & updated. Current owner is a multi-unit operator with good reputation. Currently operated by FT Manager with PT employees, overseen by absentee owner/GM.


Competition 

This outlet is the largest retailer, locally operated, customer & promotion oriented. In City, there are 2 other National retailers with Package Liquor add on businesses.


 

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