A liquor store business plan should include a well developing operational, growth, and financial strategy. A liquor store typically relies on a location with high walk-by and/or drive-by visibility. Some liquor stores offer a wide range of wines, champagnes, and foods. Most liquor stores offer convenience goods. If you are looking to start a liquor store business plan, the following are a few good questions to answer:
- Where will your liquor store be located?
- How large will your liquor store be?
- What food and drinks will your liquor store offer?
- How much wine and what type of wine will you carry?
- What convenience products will your liquor store offer?
- Will you offer hot foods?
- What will your pricing strategy be?
- How much capital do you need to raise?
The process of developing a business plan and financial plan can seem overwhelming. With many years of experience in the development of professional business plans and financial plans, Capital West Advisors is available to develop a quality business plan and financial plan for you. Contact us at (888) 300-3090 for more information!
Back to main articles page
