ORION REAL ESTATE

Main Offices: 630 1st Street South Waite Park, MN 56387 320-251-1177 Phone 320-251-1584 Fax

OFF SALE LIQUOR STORE FOR SALE

  

NAME:  Coady’s Liquor

LOCATION:  Stop light intersection on Hwy 55, Annandale, MN. Heart of Central MN lakes area.  Less than one hour west of Minneapolis metro area.

BUILDING: 2,625 sq ft Steel/wood building with new steel roof

LAND AREA: 17,000 sq ft (approx.)

YEAR ESTABLISHED: 1990

# OF EMPLOYEES:  3 part time and 1 full time  

HOURS: Mon. & Tues. 8 am – 9 pm; Wed. – Sat. 8 am – 10 pm; Closed Sundays

APPROX. INVENTORY VALUATION: Varies from $40,000-$50,000 depending on time of year

LIQUOR LICENSE:  $100/year

GROSS INCOME: $420,000 (2008)

REAL ESTATE TAXES:  $4,310

PRICE:  $350,000 plus Inventory    TERMS: Possible Seller Financing

This is a  well established business with a loyal following with lots of upside potential. Current owner chooses not to advertise or promote any specials. New owner may decide to aggressively advertise and promote the business to increase sales. Excellent corner location at stop light intersection on Hwy 55 across from high volume Holiday Station. There is only one other off sale store in town. Only one employee required except for weekends & holidays. Excellent opportunity to own a well established business in a popular lakes area near the Twin Cities.

CALL MIKE SCHMITT TODAY FOR MORE INFORMATION
 (320) 251-1177