South Metro Liquor Store for Sale - New Price!

Bloomington, MN
Hennepin County


Asking Price: Annual Revenue:
$99,000 $776,000

Food & Beverage: Liquor Stores


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RE: South Metro Liquor Store for Sale - New Price! Broker: Mac Thelen
Owner Financing is Available!
Seller will finance a portion of the sale.

Quick Facts

Asking Price: $99,000
Annual Revenue: $776,000
Net Profit: $58,000
Cash Flow: $58,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2006
Employees: 3
BBN Listing #: 630840231
Broker Reference #: 8060mt

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Business Overview:

Off-sale liquor store located in a Southern suburb of Minneapolis. The store interiors were updated in 2016. It is located in a very nice strip center with a good tenant mix. The owner works approximately 40 hours per week in the store, and handles his other business obligations as well while he is there in the back office. His duties and responsibilities include: oversee daily operation, handle accounts payable, month end accounting, and neighborhood relations. The hours of operation are 8AM-10PM, Monday – Saturday.

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Property Features and Assets:

The business operates out of 6,000 square feet. The gross monthly rent is $5,000.00. After taxes and CAM, the monthly average is $9,200, and includes signage. The lease runs thru January of 2021. The owner indicates that the new owner should be able to extend the lease.

Market Competition and Expansion:

They are the first liquor store off the freeway. Great location in high traffic strip mall. Growth & Expansion:A new owner could grow sales by adding to inventory. It is the first store off a major freeway, and upcoming Sunday sales should increase revenue.

Reason for Selling:

Family

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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