A liquor store will always be profitable, because alcohol will be in high demand no matter where you are located. In addition, the business generates a degree of loyalty among customers, meaning that people could buy alcohol from only one store if they are convinced of the quality of the products.
Some liquor stores sell a wide variety of liquor accessories and goods and every owner should make an analysis to find the right balance between demand and supply.
What you can find in a liquor store
Alcohol can be divided into the following groups:
- Soft – beer, kvass, cider, cocktails
- Medium – wine, champagne, martini, vermouth, liqueur
- Strong – vodka, cognac, rum, tequila, whiskey, brandy, gin, absinthe etc.
Additionally, some liquor stores include in their stock collection drinks – premium, fine and rare drinks.
For people, the brand means a lot, therefore, the most popular alcoholic beverages will always be available in liquor stores. Once such a store makes a regular clientele, it is possible to start selling rarer brands.
In addition to alcoholic beverages, a liquor store can also sell non-alcoholic beverages and coffee, as well as related products, such as chocolate, flavors, different types of glasses and other recipients, cigarettes, accessories etc. Various gift sets are also very popular.