KEY FRANCHISE STATS
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$2,764,000
Founded in 1970, MGM Wine & Spirits has established itself as a premier retailer of wines, beers, and spirits. Headquartered in St. Paul, Minnesota, the company began franchising in 1977, steadily expanding its footprint across the state with a model focused on strong community connections and consistent service.
MGM Wine & Spirits offers a wide selection of alcoholic beverages, catering to a broad range of customer preferences. The franchise emphasizes a neighborhood store experience, prioritizing personalized service and a curated product assortment. This commitment to tailored recommendations and local engagement sets it apart from larger, more impersonal retail chains.
With over five decades of experience, MGM Wine & Spirits has built a strong brand rooted in quality, service, and community trust. Its proven business model, consistent customer satisfaction, and steady growth make it a reliable and appealing option for entrepreneurs seeking a franchise in the beverage retail sector.
Here's what you would need to invest if you were to start this franchise. These costs are provided by the franchisor in the Franchise Disclosure Document.
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MGM Wine & Spirits provides several structured training programs for franchisees to ensure the successful operation of their stores. These include:
MGM Wine & Spirits provides limited territory protection to its franchisees. Each franchise is granted a one-mile designated area where no other MGM Wine & Spirits store will be opened or franchised. This area is defined from the store’s front entrance by the shortest automobile route.
However, the franchisor may operate or license similar businesses outside this territory, even if they compete for the same customers. The protection ends if the store relocates or closes, unless a new territory agreement is signed. Thus, the territorial rights are specific, fixed, and conditional.
KEY FRANCHISE STATS
All you need to know about this franchise
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Below are some of
MGM Wine & Spirits
key competitors in the
Retail Food
sector.
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$50,000
$532,000
$2,215,000
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$2,764,000
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MGM Wine & Spirits offers a wide selection of wines, spirits, and craft beers, providing customers with a one-stop shop for all their beverage needs. With knowledgeable staff and a commitment to customer satisfaction, MGM Wine & Spirits ensures a pleasant shopping experience.
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