This off-sale Liquor Store was established over 60 years ago and is located in the St. Paul area (Near the State Fair Grounds and Como Park area). The present Seller has owned it for 7 years and wants to retire. It is located in residential area with loyal long term customers.
Liquor Store – Saint Paul – Est. 60 years. $300k cashflow!
The owner is asking $750,000 for the Business which includes approximately $40,000 in equipment. It does not include the inventory that is estimated at $150,000.
Reason For Sale:
Retirement - Moving Out of State
Gross Revenues for 2021 were $1,337,399.
Cashflow to an owner operator is approximately $300,000/yr.
The seller leases approximately 2500 square ft with very low rent at rent only $ 1800/mo.
There are 2 part-time employees besides the owner who works approximately 40 hours per week.