Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
This question is about liquor establishment manager.
How much does it cost to start a liquor store?
It costs between $50,000 and $100,000 to start a liquor store. While opening a liquor store can be profitable, there are some significant start-up costs.
Some of the start-up costs associated with starting a liquor store are similar to those of many small businesses. Leasing retail space and insurance are two necessary costs. In addition, liquor liability insurance can range from $300 to $2,000 annually. Leasing costs, depending on your location and square footage, can range from $500 to $5,000 per month.
Another significant cost to liquor store owners is their liquor license. Liquor stores typically require a type 21 license with fees that range between $800 and $1,500 annually. However, the cost of these licenses varies significantly depending on where you are opening your store.
The biggest expense is inventory. Full-service liquor stores need to stock a wide variety of beers, wines, and spirits. Some of these items can cost $100 to $200 per unit. The average cost to stock a liquor store is between $35,000 and $45,000. It is important that owners know their market and identify the types and brands of items most in demand.
Choose from 10+ customizable resume templates
Zippia allows you to choose from different easy-to-use templates, and provides you with expert advice. Using the templates, you can rest assured that the structure and format of your resume is top notch. Choose a template with the colors, fonts & text sizes that are appropriate for your industry.
