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To: monkeyshine
Margins are tremendous for wine in restaurants.

Occasionally I do pay for a bottle of wine in a restaurant and the bottles they charge $60 for can be gotten at the local liquor store for around $15. I'm sure the restaurants pay less than the $15.

49 posted on 08/21/2019 3:55:48 PM PDT by SamAdams76
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To: SamAdams76

Yup. I know a restaurant where if you bring your own bottle and they have that same vintage on their list they charge a corkage fee equal to their list price.

But I also know a great place with great food that has no liquor license - but plenty of wine screws on the tables for those of us who want to bring our own. I like that place better :-)


51 posted on 08/21/2019 4:37:40 PM PDT by monkeyshine (live and let live is dead)
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To: SamAdams76

Which department contributes the most to the restaurant’s bottom-line?
   Well, it is alcohol sales.


52 posted on 08/21/2019 4:38:45 PM PDT by ptsal
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To: SamAdams76

Restaurants typically pay wholesale, often less if they buy on discounts (post off). In most states the ‘suggested retail’ price is 150% of wholesale. In some states, there are still legal minimums at retail (usually 10% under suggested retail), but it varies among the 50 states....


58 posted on 08/21/2019 6:52:29 PM PDT by CatoRenasci (Ceterum Censeo Islam Esse Delendam -- Forsan et haec olim meminisse iuvabit)
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