MGM Wine & Spirits franchise: cost, fees and total investment
Short answer: The MGM Wine & Spirits franchise fee is $40,000 to $50,000 and the total initial investment ranges from $532,000 to $2,215,000, with about $190,000 in liquid cash required, based on franchise disclosure data compiled in October 2026. Confirm current figures in Items 5 and 7 of the MGM Wine & Spirits FDD.
What are the MGM Wine & Spirits franchise fees and investment?
The MGM Wine & Spirits franchise requires a franchise fee of $40,000 to $50,000 and a total initial investment of $532,000 to $2,215,000. The franchise fee is one line inside the total investment, which also covers location, equipment, opening inventory and working capital.
| Franchise fee (FDD Item 5) | $40,000 to $50,000 |
|---|---|
| Total initial investment (FDD Item 7) | $532,000 to $2,215,000 |
| Minimum liquid cash | $190,000 |
| US locations | 31 |
| Industry | Retail |
| Headquarters | St. Paul, Minnesota |
| Founded | 1970 |
| Franchising since | 1977 |
How does the MGM Wine & Spirits investment compare with other retail franchises?
MGM Wine & Spirits's minimum investment of $532,000 is above the median minimum investment of $159,700 across the 223 retail franchises in the SelectFranchiseList database. 18 of the other 222 brands in this industry start at a higher investment. Its franchise fee starting at $40,000 compares with an industry median of $30,000.
By minimum investment, MGM Wine & Spirits belongs with franchises over $500,000.
What should you verify in the MGM Wine & Spirits FDD?
Verify six parts of the MGM Wine & Spirits Franchise Disclosure Document before you sign, because figures change with every annual FDD:
- Item 5 and Item 6: the current franchise fee, royalty, marketing fund and technology fees.
- Item 7: the full investment range by expense line, including working capital.
- Item 19: whether MGM Wine & Spirits discloses financial performance data, and which units it covers.
- Item 20: openings, closures and transfers, plus contacts for current and former franchisees.
- Item 21: the franchisor's audited financial statements.
- Item 12: whether your territory is protected.
The full list of Items is in the FDD guide. You must receive the FDD at least 14 calendar days before you sign a binding agreement or pay any money.
Which franchises are similar to MGM Wine & Spirits?
These retail franchises have the closest minimum investment to MGM Wine & Spirits:
| Franchise | Franchise fee | Total investment |
|---|---|---|
| The Vitamin Shoppe | $39,900 | $528,900 to $976,900 |
| True Value Rental | $2,500 | $543,200 to $981,250 |
| American Freight | $49,900 | $518,900 to $966,900 |
| Do it Best | $8,500 | $564,500 to $1,342,500 |
| Woodcraft | $50,000 | $573,789 to $752,692 |
See every brand in retail franchises.
Frequently asked questions
How much does a MGM Wine & Spirits franchise cost?
The total initial investment for a MGM Wine & Spirits franchise ranges from $532,000 to $2,215,000, including a franchise fee of $40,000 to $50,000, according to franchise disclosure data compiled in October 2026. The exact amount depends on location, build-out and working capital, as shown in Item 7 of the FDD.
How much cash do you need to open a MGM Wine & Spirits franchise?
MGM Wine & Spirits lists a minimum of about $190,000 in liquid cash. Lenders usually finance part of the remaining investment, and the franchisor confirms its capital requirements during qualification.
How many MGM Wine & Spirits locations are there?
MGM Wine & Spirits reported 31 US locations in the data compiled in October 2026. Item 20 of the FDD shows openings, closures and transfers for the last three years.
How long has MGM Wine & Spirits been franchising?
MGM Wine & Spirits started offering franchises in 1977 after the company was founded in 1970.
Figures are compiled from franchise disclosure data and public franchise listings as of October 2026 and may have changed. MGM Wine & Spirits and its trademarks belong to their owner; SelectFranchiseList is not affiliated with or endorsed by MGM Wine & Spirits. This page is not an offer to sell a franchise. Only the franchisor's current FDD is authoritative.