Retail - Liquor Stores

$Seller Financing Available

Asking Price	$209,900	Inventory	$50,000**
Gross Income	$500,000	Real Estate	$225,000*
Cash Flow	$50,000	Year Established	1970
FF&E	$80,000*	Employees	4

* included in the asking price

** not included in the asking price

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. 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! Motivated Sllers have just lowered the price another $10K

Facilities: 3,600 sq ft off sale 1,600 sq ft apartment Acreage: 200x60

Competition: Owner is super motivated....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!

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.

Seller Financing Available: Yes

Financing: Make Offer

Support/Training: 20 days for new owner

Reason Selling: Family reasons