Liquor Boy — the St. Louis Park liquor store that instituted everyday low pricing before Total Wine & More landed in the Twin Cities — has been sold.
Owner John Wolf sold the store earlier this week to Judd Greenagel of Minneapolis, who previously worked for a liquor supplier and is the former operations director of the Mid-States Poker Tour.
"This was an unsolicited offer," Wolf said. "The store has never done better, and it continued to grow every year. He's buying it because it is very successful."
Greenagel said he doesn't plan any major changes to the store, including the staff.
"There's no sense changing it," he said. "It's a great store."
Wolf, who still owns Chicago Lake Liquors in Minneapolis, instituted the high-volume-low price concept to the Twin Cities after admiring a store in Chicago that was doing it successfully. But he couldn't get as many suburban customers to come to the store on Chicago and Lake streets as he had hoped, so he opened Liquor Boy in St. Louis Park in 2012 near a Costco.
"The Costco customer is my customer, but I wanted to offer more service, selection and refrigerated product," he said.
Family and friends in the business thought he was crazy opening so close to Costco. Wolf's prices were comparable to Costco's, but with a larger amount of space, he offered more choices of wine, beer and spirits.