Writing a Business Plan for a Liquor Store
People love to consume alcoholic beverages, and liquor stores tend always be able to generate revenues and produce a profit in any economic climate. The startup cost associated with the new liquor store are relatively low given that a substantial amount of the money needed is for a highly divestible inventory. Given the economic stability these businesses, many people are drawn to this industry given that sales are going to always be produced. Over the past 14 years, Deutsch and Thomas has developed a number of business plan specific for liquor stores, wine stores, as well as specialty craft beer retailers, we can work very closely with you to develop the business plan to your exact specifications.
As with all business plans developed by Deutsch and Thomas, we always include a full five-year focused financial model that features a profit and loss statement, common size income statement, cash analysis, balance sheet, breakeven analysis, and all applicable business metrics. Additionally, we provide all the necessary research specific to the liquor store industry as well as all the research specific to your exact location. An expansive demographic profile, local market analysis, and competitive analysis is also included in each business plan that we complete. The financial model that we can develop for you showcases all of the different revenue streams that can be generated through your liquor store including sales of your primary products, tobacco sales of applicable, lottery ticket sales of applicable, and other items that you may be selling through your retail location.
If you are interested in having Deutsch and Thomas create a professionally written business plan for your liquor store, please feel free to call us anytime at 646-216-9844 or to the contact us form on this website.