Type of Business: TWO Established Off Sale Liquor Stores, located in the Southern/Western suburbs of St. Paul. Both stores are very attractive and organized. The liquor stores were established in 1995 by the current owner. Both locations are in a great area and they have plenty of room to increase inventory and sales.
Facility: The Businesses are located on a busy road; the parking is ample and the access is easy. The liquor stores occupy approximately 6,165 square feet and current rent is $9,288 a month, and the other location is 7,054 square feet with current rent of $11,472 a month.
Employees: There are 2 full time employees; both are managers in each location. In addition there are 12 part-time employees. The owner feels that store sales would increase with an owner operator. The owner does not work the business.
Gross Sales: The Seller reports that sales for year ending 2014 were $3,658,444 and sales for 2013, sales were $3,674,029. Cash flow to an owner operator is about $300,000.
Asking Price: The owner is asking $1,100,000 for both locations plus inventory (at his cost). The value of the furniture/fixtures and equipment are valued at about $200,000.
Reason For Sale: Retirement.