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Minnesota Business For Sale |
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| OFF SALE LIQUOR STORE W/3BR APARTMENT |
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| Attn: Steve Swenson |
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| Duluth Area, MN, USA |
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| Asking Price: |
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$375000 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Liquor Stores |
| Reason for Selling: |
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Family Reasons |
| Year Established: |
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1970 |
| # of Employees: |
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1FT/3PT |
| Yearly Revenues: |
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$650,000 |
| Yearly Cash Flow: |
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$90,000 |
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Business for Sale Overview:
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Off sale liquor store is located just a few blocks from the charming Country Club golf course and only minutes from Duluth, MN. It has been a very successful business for over 37 years. The 3 bedroom apartment adds $750.00 per month in revenue. Cash flow is excellent at $90K and there are pop machines outside that average $500.00 per month extra income. A perfect location for a sportsman or family who’d like to live in the North Country! Excellent Fishing and Hunting!
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Property Features and Assets:
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3,600 sq ft off sale/1,600 sq ft 3 BR apartment on 200 x 60 large city lot.
Seller will consider carrying paper on the inventory. |
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Market Competition and Expansion:
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Business continues to increase their revenue every year! With the Statewide smoking ban starting in October the Off Sale Liquor sales are just going to get better. Smokers will buy their liquor and go home to drink it. This is a proven trend in other states that have gone non-smoking. |
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Additional Details:
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- The property is owned.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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