Retail - Liquor Stores

Asking Price	$375,000	Inventory	$50,000*
Gross Income	$650,000	Real Estate
Cash Flow	$40,000	Year Established	2007
FF&E	$130,000*	Employees	1ft/1pt

* included in the asking price

** not included in the asking price

You couldn t find a better location in Minnesota to put a liquor store than on the corner of these 2 major traffic roads. Business is located just west of the second largest (non-alcoholic) Casino in the United States and from the famous Canterbury Park Race Track and entertainment facility. Built just one year ago the owner has developed other business obligations that are forcing him to sell. This contemporary store focuses on high end liquor/ wine sales and has seen their revenues shoot up from its conception. This business should easily generate $1M plus in revenue per year.

Facilities: 2,650 sq ft Lease: $7,800 includes CAM (10 Yr lease with option

Competition: 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 Current Mgr. will stay (Ex. Mgr. for 13 yrs. w/ M-G-M Liquors)

Growth/Expansion: Business is in a brand new development which includes many new franchises. Very high traffic count of 58,000 plus cars daily on Hwy 169 and over 20,000 plus cars on busy Road. Buyers could easily add a beer cave by adding a slider door to the cooler. Redwood shelving is first class and compliments the interior.

Support/Training: 20 days. Owners is very knowledgeable in the liquor and wine business and will help out as an advisor to the new buyers.

Reason Selling: Personal Reasons