Forums: Discussions for entrepreneurs and small business.

Hello,

I`m developing a business plan for starting a liquor store.  I`ve had a VERY difficult time getting whole price lists from the distributors without having a license to sell.  That said, I`ve managed to get at least one list, so I am hoping to base estimates on those numbers.

My question is:  What is average mark up percentage on retail liquor? 

Need this to determine inventory, cash flow, and volume.  Any help appreciated.

Good points.  I was hoping to catch someone on this board willing to share that info with me too.  :)

PhillipK,

Check out www.Bizstats.com.  You can put in your projected revenue in your general field of business and it will give you national averages of net profit and various expense percentages.  A good barometer for all of us!

-Ryan

All New Materials

Marblehead, OH

I`ve asked around and what I`m finding is an average mark up of 20 - 30% over wholesale cost.  Does that sound about right?  Seems low to me, for some reason.