Retail - Liquor Stores

Asking Price	$375,000	Inventory	$60,000**
Gross Income	$650,000	Real Estate	$225,000*
Cash Flow	$90,000	Year Established	1970
FF&E	$80,000*	Employees	1ft/3pt

* included in the asking price

** not included in the asking price

This off sale liquor store is located just a few blocks from charming country club golf course and a short distance to Duluth, MN. It has been a very successful business for over 37 years. The 3 BR apartment adds $750/mo in revenue. Cash flow is excellent at $90K and there are pop machines outside that average $500/mo extra income. A perfect location for a sportsman or family who'd like to live in the North County! Excellent Fishing and Hunting.

Facilities: 3,600 sq ft off sale/1,600 sq ft apartment on 200 x 60 apprx city lot.

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.

Growth/Expansion: Owner has recently added a wine section with awine sampling table. This has increased wine sales by featuring "specials of the day". Their tobacco sales are very significant and profitable with the gof course being so close 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.

Financing: New Financing, owner will carry paper on inventory

Support/Training: 30 days for new owners.

Reason Selling: Family Reasons