Miscellaneous Retail Businesses

MGM Wine & Spirits

St. Paul, MN · Founded 1970 · MWSG

M.G.M. Wine & Spirits offers franchises for the operation of off-sale retail liquor stores, providing a range of alcoholic beverages to customers aged 21 and older.

2026 Franchise 500
Unranked
28
units (2025)
-9.7%
year over year

Units by Year

32
2022
30
2023
31
2024
28
2025

Total outlets at year end, from FDD Item 20.

The Investment

Initial investment
$532,000 – $1,042,000
FDD Item 7
Franchise fee
$50,000
FDD Item 5
Ad fund
1.2%
FDD Item 6
Financial performance
Yes
FDD Item 19 disclosure
Royalty

2% of Gross Receipts

Leadership

  • Paul A. Setter

    President

  • Michael G. Maglich

    Secretary and Director

  • Dana Mudgett

    Vice President – Controller and Treasurer

  • Jeff Hammerschmidt

    Director of Franchise Training and Operations

  • Todd Taylor

    Vice President of Marketing of Beverage Display Company

On File

FDD years
Select a year to open the FDD
Franchisee records
25
Current roster rows
Signed, not open
0
FDD Item 20, Table 5
Franchising for
31 yrs

Franchise Disclosure Documents

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Read from this brand's Franchise Disclosure Documents. FDD library maintained by AskTy; figures are as filed by the franchisor.