Liquor Store, Laundromat, and Investment RE

Not Disclosed, MN

An hour North of Twin Cities


Asking Price: Annual Revenue:
$1,535,000 $1,126,000

Commercial Real Estate: Retail & Shopping Centers


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RE: Liquor Store, Laundromat, and Investment RE Broker: Mac Thelen

Quick Facts

Asking Price: $1,535,000
Annual Revenue: $1,126,000
Net Profit: $168,626
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: $1,020,000
Year Established: 1995
Employees: Not Disclosed
BBN Listing #: 752240231
Broker Reference #: 8260mt

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Business Overview:

This listing is a Portfolio of mixed-use Real Estate and Business Investments with a Liquor Store, a well-maintained Laundromat, residential and commercial tenants, and build-able vacant lots for sale an hour North of the Twin Cities Metro Area. The Liquor Store has been successfully operating for over 24 years in the same location, sales are steady, and the Liquor Store is included in the sale. The location is prohibitive to big-box competitors to entering the market. The Seller owned Laundromat is ran unattended and remotely monitored as needed by the Seller through a security and camera system. The Laundromat is included in the sale. A cleaning crew comes through daily and coin collections are done twice a week by the seller or designated employee. All equipment is meticulously maintained, as is the building. *** Sales have been steady or up during the COVID restrictions.

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Property Features and Assets:

Excellent location directly off very busy Interstate. Surrounded by 3 sporting lakes, on the way to lake country and Casinos.

Market Competition and Expansion:

The location is excellent and the current owners do not advertise for either stores. A new owner can invest in advertising, more visible signage, and develop the additional lots.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is not 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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