What's the Average Liquor Store Profit Margin? 6 Key Insights
Is a 20% profit margin strong enough for a liquor store, or is it slowly draining your bottom line?
Is a 20% profit margin strong enough for a liquor store, or is it slowly draining your bottom line?
With 20 years in retail — 10 in the liquor industry — Kevin Patel has seen it all. A liquor store owner himself, Kevin wants to give other small business owners the technology to compete with big box stores. Kevin writes extensively about profits, marketing, and inventory management — three topics he believes every liquor store owner should learn about. "I built Bottle POS to make enterprise tools, mobile inventory, and cloud technology affordable so independent stores can compete with big chains."