State of Montana Liquor Store Building & Operating Business For Sale
The last few years have taught us that consistency in business is never guaranteed, but if you are looking for a business that defies traditional expectations, a State of Montana Liquor Store is a business to consider. The Wolf Point Liquor Store has been in the hands of its current owners for 13 years. And while the owners have appreciated the stability provided by a business with year over year consistent income, it has come time for them to retire and pass this opportunity on to a new family.
Wolf Point Montana Main Street Liquor Store
Located in the heart of Wolf Point, Montana, the Wolf Point Liquor Store operates at 223 Main Street, in a 1875+/- square foot commercial building with a Main Street storefront and alley access. The building was originally constructed in 1949 with continual updates as needed. LED Lighting was installed throughout the building 5 years ago, and a Membrane roof with 25-year warranty was completed approximately 7 years ago. A new curb stop and waterline connecting the building to city water was installed in 2022. City water and Sewer are provided by the city of Wolf Point at a rate of $87.08/month. Property taxes, which include commercial garbage service, ran at a rate of $1913.83 for the 2022 year.
Turn-Key Business with Equipment and Inventory Included
The Wolf Point Liquor Store is currently open and operating 6 days/week. Inventory is supplied weekly by the State of Montana, which is in turn sold in store to cash and carry customers, as well as to 10 bars with whom accounts are arranged throughout the county. There is no franchise or license cost to owning a State Liquor Store and all liquor inventory is consistently supplied regularly without interruption. The owners have chosen to carry additional items in their store, including condiments, and individual servings of water, soda and other non-alcoholic beverages. These items are purchased by the owner from a variety of vendors and are also included in the sales price.
All equipment necessary for the operation of the business is also included in the asking price. All display cases, shelving and coolers are included, as well as a computer and Point of Sale System, refrigerator, chest freezer, security camera and alarm system equipment. A monthly fee of $54.99/month is necessary for operation of the alarm system.
Natural gas and electricity are supplied by Montana Dakota Utilities at an average monthly rate of $225/month. The building is heated with a natural gas fueled forced air furnace and cooled with a central air conditioning system, both in place when the owners purchased the building and both currently in working condition. The building is divided between a large open retail space at the front of the building, an office, ½ bath and storage vault in the center, and a storage room at the rear of the building. A full concrete basement is utilized for storage and can be accessed by staircase or motorized lift system.
This well-established, consistent business is ready for a new owner to step in and takeover, benefiting immediately from a cash flow already in place. The current owner is willing to train, and financials are available to qualified buyers.