MGM Wine & Spirits

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MGM Wine & Spirits

MGM Wine & Spirits Franchise FDD, Costs & Fees (2025)

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.

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.

Initial investment

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.

Type of Expenditure Amount
Initial Franchise Fee $40,000 - $50,000
Leasehold Improvements $50,000 - $400,000
Equipment $125,000 - $450,000
Cash Registers and Credit Card Processors $15,000 - $38,000
Opening Inventory $250,000 - $1,000,000
Signage $2,000 - $25,000
Travel and Living Expenses While Training $0 - $2,000
Additional Funds – 3 Months $50,000 - $250,000
Total $532,000 - $2,215,000

Franchise Disclosure Document

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Competitors

Below are some of

MGM Wine & Spirits

key competitors in the

Retail Food

sector.

Started franchising
Franchisees

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Franchise fee

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Royalty fee

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Investment

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Revenue (AUV)

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Gross Profit

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EBITDA

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Home-based

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Passive investment

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FDD
MGM Wine & Spirits
1977
27
+
-7%
-7%
$50,000
$4,860 per week

$532,000

-

$2,215,000

n.a.

$2,764,000

Upgrade

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
Upgrade
Upgrade
2015
44
+
7%
7%
$25,000
6.00%

$145,000

-

$943,000

Upgrade

n.a.

$698,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
2021
2
+
n.a.
n.a.
$39,900
5.00%

$529,000

-

$977,000

Upgrade

n.a.

$1,508,000

50.0%

n.a.

Upgrade

14.2%

n.a.

Upgrade
No
Upgrade
No
Yes
Upgrade
Yes
2010
74
+
-17%
-17%
$49,900
6.00%

$197,000

-

$407,000

Upgrade

n.a.

$366,000

78.0%

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
1998
208
+
-3%
-3%
$15,000
6.00%

$581,000

-

$877,000

Upgrade

n.a.

$924,000

62.3%

n.a.

Upgrade

12.0%

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
1988
774
+
-2%
-2%
$20,000
6.00%

$189,000

-

$504,000

Upgrade

n.a.

$540,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No
2000
857
+
-7%
-7%
$30,000
5.00%

$184,000

-

$410,000

Upgrade

n.a.

$541,000

n.a.

n.a.

Upgrade

n.a.

n.a.

Upgrade
No
Upgrade
No
No
Upgrade
No

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$49 / month
Total investment

?

Revenue (AUV)

?

Revenue growth (last 3 years)

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Profit margin

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Franchise Disclosure Documents
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Watchlist

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Priority support

?

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Training

MGM Wine & Spirits provides several structured training programs for franchisees to ensure the successful operation of their stores. These include:

  1. Initial Training Program: Before opening a franchised store, the franchisor provides a two-week program that combines classroom and in-store training. This training is mandatory for the franchisee or their designated manager and must be completed satisfactorily. While the program itself is free, the franchisee is responsible for any travel and living expenses. The training may take place at a location chosen by the franchisor within the U.S.
  2. Pre-Opening Training: Conducted approximately 30 to 90 days before the store opens, this training includes both company-owned and in-store sessions. It is also required that both the franchisee and any designated manager complete it. Manuals are used as the primary instructional materials. This training is periodically repeated throughout the year to align with the opening schedules of new franchised stores.
  3. Refresher and Remedial Training: If a franchisee fails to maintain operational standards, the franchisor reserves the right to send trainers to provide additional support. Costs associated with this remedial training, including travel and wages of the trainers, are the responsibility of the franchisee.

Territory Protection

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.

Number of units

2025
Franchised units

29

27

27

Company-owned units

3

3

4

Total units

32

30

31

Competitors

Farm Stores

Franchisees

?

44
+
7%
7%
Investment

?

$145,000 - $943,000

The Vitamin Shoppe

Franchisees

?

2
+
n.a.
n.a.
Investment

?

$529,000 - $977,000

Beef Jerky Outlet

Franchisees

?

74
+
-17%
-17%
Investment

?

$197,000 - $407,000

HoneyBaked Ham

Franchisees

?

208
+
-3%
-3%
Investment

?

$581,000 - $877,000

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Revenue (AUV)

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