The Saskatchewan government announced that bids for the 35 liquor permits that were up for auction totalled $45,077,800.
That includes the permit for the Estevan location going for $1,407,500.
Estevan MLA Lori Carr is the minister responsible for the Saskatchewan Liquor and Gaming Authority.
"We are pleased to see these auctions come to a successful conclusion," she said. "The incredible amount of interest means that we will have additional revenue to put toward the high-quality public services we all enjoy."
The final auctions closed last Friday, with bids ranging from $450,000 for Carlyle to $3,270,000 in La Ronge.
The winning bidders now begin the application process for the retail store permit. They must meet all SLGA licensing requirements to hold a permit.
Successful bidders have 18 months to open their business, though the timeline for permits being issued will vary.
The Estevan SLGA liquor store is one of 27 that have already closed. The final day for the others is March 11.