Wine Business Plan

Wine Business Plan-49
Most chain stores, like Total Wine, operate by buying a high volume of inventory that they believe has mass market appeal.Smaller wine shops typically cater to connoisseurs who may be looking for specialty wines or particular vineyards.

Most chain stores, like Total Wine, operate by buying a high volume of inventory that they believe has mass market appeal.Smaller wine shops typically cater to connoisseurs who may be looking for specialty wines or particular vineyards.

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It’s not unusual, for example, for small wineries and wine stores to be family owned and operated.

These small wine stores and wineries are usually located next to or on vineyards and the wine is made in-house and sold in their store.

For example, Lakewood Vineyards is a family-run winery in upstate New York which also runs a wine store where they make, bottle, and sell their own wine.

To run this type of wine store, a business owner would have to purchase a vineyard and learn how to run it.

Wine shops are usually run as physical retail stores, though some shops operate online.

While it’s not impossible to operate a wine shop exclusively online, it can be more difficult due to inconsistent state liquor laws.

Wine resellers, on the other hand, don’t need to be quite so involved.

They may contract with wineries to sell their wine.

Store hours may be dictated by state law and are generally not very flexible.

However, store owners generally have flexible hours if they employ a staff.

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