Business Summary:
Off sale liquor store is located just a few blocks from the charming Country Club golf course and only minutes from Duluth, MN. It has been a very successful business for over 37 years. The 3 bedroom apartment adds $750.00 per month in revenue. Cash flow is excellent at $90K and there are pop machines outside that average $500.00 per month extra income. A perfect location for a sportsman or family who’d like to live in the North Country! Excellent Fishing and Hunting!
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| Year
Business was Established: 1970 |
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| Number of Employees:
1FT/3PT |
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| Facilities / Terms of Lease:
3,600 sq ft off sale/1,600 sq ft apartment on 200x60 large city lot |
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| Potential
Growth/Expansion:
Owner has recently added a wine section with a wine sampling table. This has increased wine sales by featuring “specials of the day”. Their tobacco sales are very significant and profitable. With the Golf course being so near they are considering putting a cigar shop with a humidor in next to the wine section. This would be a big hit with the many golfers in the area. |
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| Competition:
Business continues to increase their revenue every year! With the Statewide smoking ban starting in October the Off Sale Liquor sales are just going to get better. Smokers will buy their liquor and go home to drink it. This is the trend in other states that have gone non-smoking. |
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| Owner
willing to finance:
New Financing, seller will carry paper on inventory |
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| Owner
willing to train:
30 days for new owners |
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| Reason for selling:
Family Reasons |
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Seller Reference Number: 320539
BusinessMart.com Listing Number: 23309 |
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