Established 32 years ago, this family-owned and busy off-sale liquor store is located in East St. Paul.
Liquor Store East Metro – $3M in Gross Sales with Low Rent! East St. Paul. - SOLD
The Seller is asking $1,500,000 for the business which includes approximately $50,000 for equipment/fixtures. Price does not include approximately $150,000 of inventory.
Reason For Sale:
Gross sales in 2021 were $3,084,000.
Cash flow to an owner operator is approximately $500k/year.
The seller leases approximately 3000 sq ft. within a very busy strip mall on a busy street that provides easy access and ample parking. Nearby includes a large Super Market and another strip mall
The seller works about 40 hours per week along with 3 other full-time and 4 part-time employees.