MGM Wine & Spirits, by the numbers

MGM Wine & Spirits appears in 12 SBA 7(a) loans since 2020 — from public SBA 7(a) loan records (FY2020–present). Every figure below comes from real financed deals: what buyers paid, where, and how the loans performed.

SBA Franchise Directory: listed ✓ (identifier S1040)

12 deals since 2020 · typical deal $447K

Deals since 2020

$447K

Typical deal

Deals since FY2025

—

Too few deals to score risk

MGM Wine & Spirits has 12 SBA deals on record — real financing history, but too few to score a failure rate you should trust. Underwrite the location and the FDD.

What buyers pay for MGM Wine & Spirits

Most MGM Wine & Spirits deals financed between $350K and $814K. Above $814K, you're paying more than 75% of buyers did — make the seller earn it.

Your deal size$447K

Monthly payment (10-yr): $5,849
Down payment (10%): $50K
Cash to close (all-in): $66K

Estimates at today's rates and standard 7(a) terms. Not a loan offer.

Could you get the loan?

Three answers. No documents, no credit pull.

Credit score

Available cash (you'll need ~$66K)

Experience

Recent financings

Spirits and More LLC in Roseville, MN — $814K (2024) · First Bank of the Lake
Program
7a General
Rate at approval
10.75% variable
Term
120 mo (10 yrs)
SBA guaranteed
$611K (75%)
Approval → funding
14 days
Approved
8/15/2024
First disbursed
8/29/2024
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
11
Business age
New Business or 2 years or less
Industry
Beer, Wine, and Liquor Retailers
Funded by First Bank of the Lake · Lender record →
Your business? Claim this record · Request removal
LUSTROUS SPIRITS INC. in Saint Paul, MN — $410K (2024) · U.S. Bank, National Association
Program
Preferred Lenders Program
Rate at approval
8.25% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$307K (75%)
Approval → funding
13 days
Approved
5/16/2024
First disbursed
5/29/2024
Loan status
Paid in full (8/31/2024)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
Existing or more than 2 years old
Industry
Beer, Wine, and Liquor Retailers
Funded by U.S. Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Supreme Spirits LLC in Red Wing, MN — $1.7M (2023) · purchase · Old National Bank
Program
Preferred Lenders Program
Rate at approval
7.11% fixed
Term
119 months
SBA guaranteed
$1.3M (75%)
Approval → funding
25 days
Approved
6/26/2023
First disbursed
7/21/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
18
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Retailers
If you were the buyer here
Est. deal size
$1.9M
Est. down payment (10%)
$194K
Est. cash at closing
$267K
Monthly payment
$20,500
Annual debt service
$246K
Cash flow needed (1.25×)
$307K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Old National Bank · Lender record →
Your business? Claim this record · Request removal
TLC Liquors LLC in White Bear Lake, MN — $447K (2023) · purchase · Village Bank
Program
Preferred Lenders Program
Rate at approval
9% variable
Term
120 mo (10 yrs)
SBA guaranteed
$335K (75%)
Approval → funding
8 days
Approved
3/27/2023
First disbursed
4/4/2023
Loan status
Paid in full (8/31/2025)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
4
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Retailers
If you were the buyer here
Est. deal size
$497K
Est. down payment (10%)
$50K
Est. cash at closing
$66K
Monthly payment
$5,666
Annual debt service
$68K
Cash flow needed (1.25×)
$85K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by Village Bank · Lender record →
Your business? Claim this record · Request removal
Willar Liquor LLC in Burnsville, MN — $429K (2023) · MidCountry Bank
Program
Preferred Lenders Program
Rate at approval
10.25% variable
Term
120 mo (10 yrs)
SBA guaranteed
$322K (75%)
Approval → funding
21 days
Approved
9/12/2023
First disbursed
10/3/2023
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
5
Business age
New Business or 2 years or less
Industry
Beer, Wine, and Liquor Retailers
Funded by MidCountry Bank · Lender record →
Your business? Claim this record · Request removal
Gengreen LLC in Plymouth, MN — $863K (2022) · The Huntington National Bank
Program
Preferred Lenders Program
Rate at approval
8% variable
Term
120 mo (10 yrs)
SBA guaranteed
$647K (75%)
Approval → funding
1 days
Approved
8/22/2022
First disbursed
8/23/2022
Loan status
Paid in full (12/31/2022)
Loan type
Term loan
Collateral
Required
Business type
Corporation
Secondary market
Loan sold to investors
Jobs supported
10
Business age
New Business or 2 years or less
Industry
Beer, Wine, and Liquor Retailers
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
Rimkus Corporation in Winona, MN — $350K (2022) · Falcon National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
6% variable
Term
120 mo (10 yrs)
SBA guaranteed
$175K (50%)
Approved
11/16/2021
Loan status
Cancelled
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
1
Business age
Existing or more than 2 years old
Industry
Beer, Wine, and Liquor Stores
Funded by Falcon National Bank · Lender record →
Your business? Claim this record · Request removal
Gengreen LLC in Plymouth, MN — $75K (2022) · The Huntington National Bank
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
8% variable
Term
120 mo (10 yrs)
SBA guaranteed
$38K (50%)
Approved
8/22/2022
Loan status
Committed
Loan type
Revolving line
Collateral
Required
Business type
Corporation
Jobs supported
10
Business age
New Business or 2 years or less
Industry
Beer and Ale Merchant Wholesalers
Funded by The Huntington National Bank · Lender record →
Your business? Claim this record · Request removal
KREKD INCORPORATED in Saint Paul, MN — $25K (2022) · U.S. Bank, National Association
Program
SBA Express Program
Subprogram
FA$TRK (Small Loan Express)
Rate at approval
7.24% variable
Term
84 mo (7 yrs)
SBA guaranteed
$13K (50%)
Approved
9/28/2022
Loan status
Cancelled
Loan type
Revolving line
Collateral
Not required
Business type
Corporation
Business age
Existing or more than 2 years old
Industry
Beer, Wine, and Liquor Stores
Funded by U.S. Bank, National Association · Lender record →
Your business? Claim this record · Request removal
Krekd Incorporated in Vadnais Heights, MN — $611K (2021) · purchase · U.S. Bank, National Association
Program
Preferred Lenders Program
Rate at approval
5.5% fixed
Term
120 mo (10 yrs)
SBA guaranteed
$458K (75%)
Approval → funding
42 days
Approved
10/19/2020
First disbursed
11/30/2020
Loan status
Current
Loan type
Term loan
Collateral
Required
Business type
Corporation
Jobs supported
8
Business age
Change of Ownership
Industry
Beer, Wine, and Liquor Stores
If you were the buyer here
Est. deal size
$679K
Est. down payment (10%)
$68K
Est. cash at closing
$91K
Monthly payment
$6,631
Annual debt service
$80K
Cash flow needed (1.25×)
$99K
Estimates only — not guaranteed accurate. The loan amount, rate,and term come from the public record; the rest assumes the standard 10% buyer injection plus typical guaranty and closing costs. The actual deal's terms and costs likely differed.
Funded by U.S. Bank, National Association · Lender record →
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Who funds MGM Wine & Spirits — and where

Every dot is a financed MGM Wine & Spirits — 12 mapped.

Financed MGM Wine & Spirits locations — list all 12 as text

LUSTROUS SPIRITS INC. — Saint Paul · $410K · FY2024 · Beer, Wine, and Liquor Retailers
Spirits and More LLC — Roseville · $814K · FY2024 · Beer, Wine, and Liquor Retailers
Krekd Incorporated — Vadnais Heights · $611K · FY2021 · Beer, Wine, and Liquor Stores
LUSTROUS SPIRITS INC. — Roseville · $50K · FY2021 · Beer, Wine, and Liquor Stores
LUSTROUS SPIRITS INC. — Roseville · $558K · FY2021 · Beer, Wine, and Liquor Stores
Gengreen LLC — Plymouth · $863K · FY2022 · Beer, Wine, and Liquor Retailers
Gengreen LLC — Plymouth · $75K · FY2022 · Beer and Ale Merchant Wholesalers
KREKD INCORPORATED — Saint Paul · $25K · FY2022 · Beer, Wine, and Liquor Stores
Willar Liquor LLC — Burnsville · $429K · FY2023 · Beer, Wine, and Liquor Retailers
TLC Liquors LLC — White Bear Lake · $447K · FY2023 · Beer, Wine, and Liquor Retailers
Supreme Spirits LLC — Red Wing · $1.7M · FY2023 · Beer, Wine, and Liquor Retailers
Rimkus Corporation — Winona · $350K · FY2022 · Beer, Wine, and Liquor Stores

Top lenders for this brand

Most active states

1.Minnesota (12 loans)MGM Wine & Spirits lenders in Minnesota->

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Insider move

Start with the lenders above — a bank that's funded MGM Wine & Spirits 3 times already knows the unit economics and approves faster than one learning the brand on your file.

Who should reach out?

By submitting, I agree that CapBench may share my contact information with SBA lending partners and loan brokers (including partners who compensate CapBench), and that they and CapBench may contact me about financing by phone, email, and text — including via autodialed or prerecorded calls and messages — at the phone number and email I provide. Consent is not a condition of any purchase or service, and message and data rates may apply. CapBench is not a lender and makes no credit decision. We'll introduce you to your pick or a comparable MGM Wine & Spirits lending specialist.

Common questions

How much does a MGM Wine & Spirits cost to buy or open?

The typical deal for MGM Wine & Spirits is $447K across 12 transactions since 2020. With the SBA's 10% minimum down payment, that points to roughly $49K of buyer cash on a typical deal.

How risky is MGM Wine & Spirits?

MGM Wine & Spirits has 12 SBA loans on record since 2020 — too few to score a reliable failure rate. Judge the unit economics and the franchisor's disclosure document, not a small sample.

Can I finance a MGM Wine & Spirits with an SBA loan?

Yes — MGM Wine & Spirits has been SBA-financed 0 times since FY2025, which means it clears the SBA Franchise Directory requirement regularly. Confirm current listing before signing an LOI.

Buying a MGM Wine & Spirits franchise

Most MGM Wine & Spirits buyers finance the purchase or build-out with an SBA 7(a) loan — up to 90% of the cost with roughly 10% down. The typical MGM Wine & Spirits deal financed for $447K, which points to about $49K of buyer cash on a typical purchase. MGM Wine & Spirits is listed in the SBA Franchise Directory (identifier S1040), so it's eligible to finance today — confirm current listing with your lender before the LOI. See the lenders that already fund MGM Wine & Spirits — a bank that knows the brand approves faster — or pre-qualify for financing to see your likely loan size first.

AI summary

This profile summarizes public SBA financing activity for MGM Wine & Spirits — lender activity, typical loan sizes, financing history, and risk and failure signals where available — via CapBench SBA Intelligence. CapBench is not a lender.

Source: CapBench SBA Intelligence, based on public SBA, lender, franchise, FDIC, and related records. CapBench is not a lender and does not guarantee financing.

Agent summary

This page summarizes public SBA 7(a) financing for MGM Wine & Spirits — typical deal size, the lenders that fund the brand, geography, and failure-rate context — from CapBench SBA Intelligence. MGM Wine & Spirits is confirmed in the SBA Franchise Directory here; CapBench is not a lender and does not sell franchises.

12 SBA 7(a) deals since 2020
$447K typical deal
0 deals since FY2025
Too few deals to score a reliable failure rate
SBA Franchise Directory: listed (identifier S1040)
Top lenders: U.S. Bank, National Association, BankVista, The Huntington National Bank

Next steps

Check SBA fit Find SBA lenders $9 lender report

Data freshness:: SBA records through 2026-05-31; FDIC through 2026-03-31; page updated 2026-07-26.
Sources:: Public SBA 7(a) loan records; FDIC institution data (BankFind); CapBench lender and franchise enrichment.
Canonical:: https://www.capbench.com/franchises/mgm-wine-spirits
API:: https://www.capbench.com/api/public/franchises/mgm-wine-spirits
Methodology:: Sources & methodology

Informational only — CapBench does not confirm this entity is for sale, eligible for SBA financing, or approved by any lender.
Figures come from public records and CapBench methodology; verify before relying on them.
Financing figures are historical SBA loan records, not a current offer or franchise availability. Confirm SBA Franchise Directory listing with your lender before an LOI.

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CapBench analysis of public lending records, FY2020–present. Charge-off rate measured on the FY2020–23 cohort. Not affiliated with MGM Wine & Spirits.