You’re interested in owning a liquor store, but you know the industry is filled with challenges and pitfalls like expensive inventory, legal regulations, and more. How can you mitigate those challenges and create a thriving store?

Liquor stores can earn about $250 per square foot annually. But if you want to bring in this kind of cash, you must take steps to merchandise, lay out, and organize your store properly.

Beer is the third most-consumed beverage on earth, ranking just behind water and tea. And if you want to tap into that market and start selling beer, wine, and other non-distilled alcoholic drinks, you need a beer and wine liquor license.

It’s tempting to think that every shopper walking through the door comes to your store on a specific mission, but a whopping 82 percent of shoppers make their purchase decisions while in your store.

Did you know that spirits are outselling beer for the first time ever? They’re almost neck and neck. And you can capitalize on this statistic!

If you’re looking for a fun way to grow your customer base, boost your sales, and build your liquor store’s reputation as a purveyor of fine wines, it’s time to plan a wine tasting!

Running a liquor store can be a profitable (and fun!) endeavor, but success in the industry depends on implementing effective and efficient processes.