MGM Wine & Spirits Franchise FDD, Profits & Costs (2025)
MGM Wine & Spirits has been a trusted name in the alcoholic beverage retail industry since 1970. Based in St. Paul, Minnesota, the brand entered franchising in 1977 and has steadily expanded across the state, driven by its focus on community relationships and dependable customer service.
The franchise specializes in offering an extensive range of wines, beers, and spirits designed to meet the tastes of a diverse customer base.
By emphasizing the feel of a neighborhood store, MGM Wine & Spirits delivers personalized service and a carefully curated product selection, distinguishing itself from larger chain competitors that often lack a local touch.
Initial Investment
How much does it cost to start a MGM Wine & Spirits franchise? It costs on average between $532,000 – $2,215,000 to start a MGM Wine & Spirits franchised store.
This includes expenses for store build-out, fixtures, signage, inventory, and the working capital needed for initial operations. The total investment can vary based on several factors, such as the size and type of store, its location, and whether the franchisee decides to lease or purchase the property.
| 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 |
Average Revenue (AUV)
How much revenue can you make with a MGM Wine & Spirits franchise? A MGM Wine & Spirits franchised location makes on average $2,764,000 in revenue (AUV) per year.
Here is the extract from the Franchise Disclosure Document:
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Frequently Asked Questions
How many MGM Wine & Spirits locations are there?
According to a recent article, MGM Wine & Spirits operates 27 franchised locations in the U.S.
What is the total investment required to open a MGM Wine & Spirits franchise?
The total investment required to open a MGM Wine & Spirits franchise ranges from $532,000 to $2,215,000.
What are the ongoing fees for a MGM Wine & Spirits franchise?
Ongoing fees for an MGM Wine & Spirits franchise include a royalty fee of 2.2% of gross sales and a marketing and advertising fee of 2% of monthly sales. These fees cover the continued use of the brand, operational support, and participation in system-wide marketing initiatives.
What are the financial requirements to become a MGM Wine & Spirits franchisee?
To qualify as an MGM Wine & Spirits franchisee, you typically need a minimum of $192,500 in liquid assets available.
How much can a MGM Wine & Spirits franchise owner expect to earn?
The average gross sales for a MGM Wine & Spirits franchise are approximately $2.76 million per location. Assuming a 15% operating profit margin, $2.76 million yearly revenue can result in $414,000 EBITDA annually.
Who owns MGM Wine & Spirits?
The MGM Wine & Spirits franchise is owned by M.G.M. Liquor Stores, Inc., which has operated the franchise system under the MGM Wine & Spirits name since its reorganization in 1995
Disclaimer
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