Franchise Facts Report → brands → MGM Wine & Spirits
MGM Wine & Spirits franchise — is it worth it?
Medium risk
MGM Wine & Spirits operates in the retail category.
MGM Wine & Spirits's filing is one of the thin ones — several of the tables below didn't machine-read cleanly, and we'd rather show you that than assert numbers we haven't verified. The methodology page explains what we do and don't read, and the source FDD itself is linked at the bottom of this page.
Figures above are as disclosed in MGM Wine & Spirits's most recent FDD (registered 2026). Source: Wisconsin Dept. of Financial Institutions — Franchise Registration · filing 640421 — check it yourself. See every other Wisconsin-registered franchise.
Considering MGM Wine & Spirits? See what else fits your budget
Tell us your budget and the industries you're open to. We'll match you with 5–10 franchises whose own FDDs fit — ranked by earnings disclosure, growth and closure rate — and email you the list. MGM Wine & Spirits will be on it if it fits.
MGM Wine & Spirits franchise profit — what the FDD discloses
Plainly: MGM Wine & Spirits does not disclose franchise profit or revenue. Its most recent FDD makes no Item 19 financial performance representation, so there is no franchisor-backed earnings figure for MGM Wine & Spirits — any number quoted elsewhere is an estimate, not a disclosure. The absence is itself worth weighing (65% of retail franchisors in our corpus do disclose); the fees, litigation and outlet churn MGM Wine & Spirits's FDD does contain are on this page. For brands that put earnings on paper, see Retail franchises with disclosed Item 19 earnings.
MGM Wine & Spirits lawsuits & legal history (FDD Item 3)
We do not publish a litigation answer for MGM Wine & Spirits. Item 3 could not be read reliably from this particular filing, and a claim that a company has no legal history is not one to make on a failed parse — so we say we do not know instead. Item 3 of the FDD itself is the place to check; the methodology page explains what we do and do not machine-read.
MGM Wine & Spirits closures & failure rate
Before you sign, MGM Wine & Spirits will hand you a list of current owners to call as references — and they choose who's on that list. It won't include the owners who quit, got bought out, or were forced out last year. The FDD does report that number, even though the reference list leaves those people off. Below is what MGM Wine & Spirits's most recent filing shows, and whether it's normal for a retail of this kind.
The closest thing an FDD has to a failure rate is Item 20 — outlet openings, closures, terminations and non-renewals, reported by the franchisor. MGM Wine & Spirits's outlet tables did not machine-read cleanly; Item 20 of the source FDD has them.
Who owns MGM Wine & Spirits?
MGM Wine & Spirits's franchise is offered by M.G.M. Liquor Stores, Inc. — the franchisor named on the cover of its most recently filed Franchise Disclosure Document (2026), and the entity a franchisee actually signs with. That name comes straight off the filing at WI DFI; it identifies the franchisor, not necessarily the ultimate parent company behind it.
Other retail franchises
Anyone weighing MGM Wine & Spirits is really weighing it against the other brands their money could go into. These are the closest by total initial investment (FDD Item 7), each with its own FDD-based page.
MGM Wine & Spirits franchise — frequently asked
Who owns MGM Wine & Spirits — who is the franchisor?
MGM Wine & Spirits's most recently filed FDD (2026) names M.G.M. Liquor Stores, Inc. as the franchisor — the entity you would actually sign the franchise agreement with, as stated on the disclosure document itself. A registry filing names the franchisor, not necessarily its ultimate parent company.
How much does a MGM Wine & Spirits franchise cost?
MGM Wine & Spirits's most recently filed FDD (Item 7) puts the total estimated initial investment at a range disclosed in Item 7. That price is the franchisor's own estimate of what it takes to open, not a quote.
How much profit does a MGM Wine & Spirits franchise make?
MGM Wine & Spirits makes no Item 19 financial performance representation, so there is no franchisor-disclosed revenue or profit figure for MGM Wine & Spirits at all — and profit would never be disclosed even where earnings are, because it depends on your rent, labor and how you operate. Any profit figure quoted elsewhere is an estimate, not a disclosure.
Does MGM Wine & Spirits disclose financial performance (Item 19)?
No — MGM Wine & Spirits's most recent FDD makes no Item 19 financial performance representation. Its absence is worth weighing: 65% of retail franchisors in our corpus do disclose.
Are there lawsuits against MGM Wine & Spirits?
We do not publish a litigation answer for MGM Wine & Spirits: Item 3 could not be read reliably from this filing, and we would rather say so than assert a clean record we have not verified. Item 3 of the FDD itself is the place to check.
Is MGM Wine & Spirits a good franchise to buy?
Nobody can answer that from MGM Wine & Spirits's numbers alone — it comes down to how its investment, earnings, litigation and franchisee churn stack up against retail peers and against your own budget. Our read on this filing is medium risk. Every figure behind that read is on this page for free. If you're comparing options, the free shortlist on this page matches you with 5–10 franchises that fit your budget and industry.
Get a free email when something changes on MGM Wine & Spirits or retail: a new FDD registration, a new lawsuit, an outlet count that shifts, or Item 19 earnings going from undisclosed to disclosed. Pulled straight from the same state registries this page is built on.