
Think of a Business Name for Your Package StoreĪ big part of a successful business entity is branding. Running test ads can also help you to define your target market. Getting information about your rivals’ strategies can help. The customers they have could be the ones you want. This makes for personal customer service. Find your customers using geographic characteristics. The chances are your liquor sales will only be relevant to one area. Consider the demographics like gender and income level. Find who will benefit the most from your liquor store. Understanding the benefits your business provides helps to define who you need to focus on.But these give you a place to get started. There are other costs to opening a liquor store.
Insurance like Worker’s compensation and liability can set you back $2,400 in premiums. Renovations like new racking and shelves can run up to $20,000. You’ll need a good selection of beer, wine and liquors. The money liquor store owners need to stock shelves can add up to $35,000. Here’s a breakdown of a few of the items. The costs will range from items like inventory and equipment to staffing and legal requirements. If you want to start a liquor store, you can expect to spend between $50,000 to $100,000 minimum. How Much Does it Cost to Open a Liquor Store? Of course as a liquor store owner, you get to be your own boss. Best of all, they all look after their own marketing. You can be an outlet for Jameson, Johnny Walker or Jack Daniels. Liquor goes well with any event at any time of the year. But most of the inventory in a liquor store is stable. Some wines need to be stored in dark places. Even when the economy dips, the demand for liquor spikes. Here’s some other reasons to open up a business like this: The liquor store can even be part grocery store. Like bottle shop, package store and wine shop. As far as retail businesses go, they are flexible. Oklahoma County, however, has no such limitations.Why You Should Open a Liquor Store BusinessĪ liquor store doesn’t necessarily need to be a standalone business. Some counties restrict the time a bar can be open on Sunday, and others highlight specific holidays when alcohol cannot be served. When it comes to what state regulators call a "mixed-beverage establishment" – bar, club, pub, dive, – Oklahoma's laws are a patchwork of restrictions on both Sundays and holidays. And unlike liquor stores, there's no restriction on Sunday sales. While they are limited to selling pre-packaged beer and wine, Oklahoma law doesn't restrict alcohol sales at these locations during the holidays. Grocery stores and gas stations are treated differently. Its residents voted this month to let liquor stores sell on Sunday. Mayes County in northeastern Oklahoma is the most recent convert. Only 11 out of the state's 77 counties have authorized Sunday liquor sales, and Oklahoma County is one of them.
If a county allows Sunday liquor sales, the store can be open but has to wait until noon to serve their customers. In Oklahoma, liquor stores can be open from 8 a.m.
Whether they'll be open the day before is up to the individual store owner. Retail liquor stores must be closed during both Thanksgiving and Christmas. When it comes to buying booze during the holidays, Oklahoma has a law for that.