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CITY: Bemidji's municipal liquor stores show slight uptick in net profits

BEMIDJI—Profits at the two city-operated liquor stores in Bemidji held steady last year, according to a new report from the state auditor's office.

Combined, sales from Discount Liquor and Lakeview Liquor brought in $5,700,262, amounting to a net profit of $783,950. The numbers are just slightly higher from 2014, when the stores took in $5.5 million in sales and a net profit of $772,079.

Bemidji is one of 193 cities in Minnesota operating stores in 2015, with a total of 226 municipality stores statewide. Minnesota Auditor Rebecca Otto said in her report that 98 of the cities operated both on-sale and off-sale establishments, with 95 cities restricting to off-sale only.

http://www.bemidjipioneer.com/news/4146603-city-bemidjis-municipal-liquor-stores-show-slight-uptick-net-profits

 

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