Determining Profit Margin

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.
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.
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Comments
Check out www.Bizstats.com</A>. 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