WE'VE MOVED!
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
We are proud to announce our NEW community destination. Engage with resident experts and fellow entrepreneurs, and learn everything you need to start your business. Check out the new home of StartupNation Community at startupnation.mn.co
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.
Sign In or Register to comment.
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