Report: MN Municipal Liquor Stores Have 26th Year of Record Sales
ST. PAUL (WJON News) -- Minnesota's municipal liquor stores continue to have strong sales overall.
State Auditor Julie Blaha released the annual Municipal Liquor Store Report Thursday.
During 2021, Minnesota's municipal liquor operations reported a 26th consecutive year of record sales, totaling $423.5 million.
The combined net profit of all municipal liquor operations totaled $36.5 million in 2021. This represents an increase of nearly $457,000, or 1.3 percent, over the amount generated in 2020.
At Sauk Rapids Municipal Liquor, which has off-sale only, their net profit in 2021 was nearly $242,000.
At Holdingford Municipal, which has both on and off sale, their net profit was just over $5,000.
Blaha says the number of unprofitable operations declined from 35 in 2020 to just seven in 2021.