Liquor Store Business Plan, Marketing Plan, How To Guide, and Funding Directory
The Liquor Store Business Plan and Business Development toolkit features 18 different documents that you can use for capital raising or general business planning purposes. Our product line also features comprehensive information regarding to how to start a Liquor Store business. All business planning packages come with easy-to-use instructions so that you can reduce the time needed to create a professional business plan and presentation.
Your Business Planning Package will be immediately emailed to you after you make your purchase.
Product Specifications (please see images below):
- Bank/Investor Ready!
- Complete Industry Research
- 3 Year Excel Financial Model
- Business Plan (26 to 30 pages)
- Loan Amortization and ROI Tools
- Three SWOT Analysis Templates
- Easy to Use Instructions
- All Documents Delivered in Word, Excel, and PDF Format
- Meets SBA Requirements
At all times, liquor stores remain profitable. In fact, many economic studies indicate that even during times of economic recession – liquor stores are able to generate substantial profits. The gross margins generated from liquor sales, wine sales, and beer sales typically ranges in from 20% to 30%. The barriers to entry for a new store are considered moderate given that the primary expense revolves around acquiring a substantial amount of inventory. As it relates to receiving financing, banks and lenders are very receptive to providing startup loans, working capital, and other forms of financing to liquor stores given their strong level economic stability.
A liquor store business plan should include a three-year financial outlook including a profit and loss statement, cash flow analysis, balance sheet, breakeven analysis, and business ratios page. The business plan should also include an in-depth analysis of the local market, competitors, as well as the liquor store industry. Within the business plan, a full marketing plan should also be included given the highly competitive nature of this business. Many liquor stores frequently differentiate themselves from other competitors by offering gift baskets, delivery services where applicable, as well as beer for the month clubs. These specialized services provide a highly predictable revenue for their owners.
The liquor store marketing plan should outline substantially and you intend to use both print as well as online advertising in order to drive traffic to the location. It is especially important to have a substantial online presence given that most people now find specialty stores, like liquor stores, via online methods. Additionally, maintaining profiles on popular social networking platforms such as FaceBook and Twitter will ensure that your customers can easily find the business as well as any deals that you are offering at the time.
Frequently, a liquor store SWOT analysis is completed in order to determine whether or not this specific location will be economically viable. As it relates the strengths, liquor stores tend to remain profitable and cash flow positive in any economic climate. For weaknesses, the expenses of operating his businesses can be high. It is very important to have a highly visible retail location from which to conduct operations. As it relates to opportunities, liquor stores going into went specialized programs like the one discussed above relating to gift baskets, the month clubs, and other offerings that seek to create a greater value for customers. For threats, there are no known pieces of legislation or regulation that would impact the way that these liquor stores conduct businesses.
Overall, a liquor store is an excellent investment as it relates to a small business. The moderate gross margins coupled with the economic stability in sure that any financial obligation undertaking the launch operations can be easily repaid. Additionally, people are always going to continue to want to purchase alcoholic beverages despite changes in the economy, technology, or any other external environmental impact may be had on the economy.