Off Sale Liquor Store near Mystic Lake Casino
Report Date: 4/17/2008 Office Id# Pending
Location: SE Metro
Primary Category: Off Sale Liquor
 

Financial Information
Asking: $ 375,000 Gross: $ 650,000 Cash Flow: $ 40,000
Furniture, Fixtures & Equipment: $ 130,000
Inventory: $  50,000  (included in sale price)
Lease: $  7,800/mo includes CAM (10 yr lease w/option)
Financing: $200K down with terms
 
Summary Description:

Because this store is only 1 year old they are just beginning to see the true revenue potential.  People are just beginning to know that it’s there.  Store is getting a lot of traffic from Casino and Racetrack customers! No other liquor stores within 3 miles.  Ads in all Shakopee Hotel Books good thru 2-09 (renewable) 60% of customers are not from area. This contemporary store focuses on high end liquor/ wine sales and has seen their revenues shoot up from its conception. 

 
General Information:
Facilities: 2,650 sq ft
Competition: Business is in a brand new development which includes many new franchises.  Very high traffic count of 58,000 plus cars daily on Busy Hwys.  
Growth & Expansion:

Buyers could easily add a beer cave by adding a slider door to the cooler.  Redwood shelving is first class and compliments the interior.This business should easily generate $1M plus in revenue per year.

Support / Training: 20 days for new owners.
Reason Selling: Personal Reasons
Year Established: 2007
Employees: 1FT/1PT
 
Contact information:
Contact: Steve Swenson Phone: 763.972.9077 OR 763-972-9080 Fax
Email: hospitalityserv@frontiernet.net  
Prospect Contact Options:
      Require prospect's name
      Require prospect's telephone number
      Ask for prospect's available funds
      Ask for prospect's time frame
      Require prospect submit standard Confidentiality Agreement