Established 13 years ago, this busy off-sale liquor store is located in an outer south suburb of the Twin Cities. Approximately 1 hour south of the metro.
Liquor Store and Property – One Hour South of Metro – Sold by Jim Evavold – - SOLD
Seller is asking $195,000 for the business which includes approximately $50,000 for equipment/fixtures. Price does not include approximately $65,000 of inventory. Land and Building are for sale at $255,000
Reason For Sale:
Other investment interests.
Gross sales in 2016 were $1,059,352.
Cash flow to an owner operator is approximately $80,000/yr. (Based on buyer owning the land and building).
The seller owns the stand-alone building with approximately 3000 sq ft. Business is located on a busy street that provides easy access and ample parking.
The owners are mostly absentee. Day to Day operations are run by a full-time manager along with three part-time employees