Business Summary:
The Hog Wild off sale liquor store is located in Cloquet, MN just a few blocks from the charming Cloquet Country Club golf course and only 20 minutes from Duluth, MN. It has been a very successful business for over 39 years. The 3 bedroom apartment adds $750.00 per month in revenue or use as living quarters. 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! Reduced another $10K to an already low price.
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| Year
Business was Established: 1970 |
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| Number of Employees:
4 |
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| Facilities / Terms of Lease:
3,600 sq ft off sale
1,600 sq ft 3BR apt
200x60 lot |
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| Potential
Growth/Expansion:
Owner has 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. Minnesota Lottery/ power ball -- available for extra income. |
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| Competition:
The owner was hired by the state health department 2 years ago for a fulltime job with benefits. Now he doesn’t have the time to run this business properly with his present commitment and workload. Consequently he has become an absentee owner and sales have declined since this has happened. This gives a new owner a rare opportunity to buy this business at a great value and build it back to where it was earning $650-700K gross per year. Originally priced at $389K price has been reduced for a quick sale! Own your own business with living quarters for only $229,000! |
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| Owner
willing to finance:
Cash, make offer |
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| Owner
willing to train:
20 days for new owners |
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| Reason for selling:
Family reasons |
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Seller Reference Number: 479938
BusinessMart.com Listing Number: 69142 |
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