“How to Open a Liquor Store”
Comment Page 1

Liquor shop license available only for on shop (bar)for 60 seats anywhere in west bengal. There is a security deposit of 8 lakhs paid in dd to the concerned department. There is a consulting fees of 34 to 35 lakhs paid in cash once the license is delivered. There should be a PDC given for the consulting fees which will be returned once the cash is handed over.The individual should have clean and clear I-T returns file. The location should not have any educational institutions or religious institutions within 100 meters. Rented properties are also considered. Processing time will be 60 to 90 days.

I am currently opening a liquor store...Have a partner who just sold one as well...You will need a business license and a Liquor retail license. Also, you just cannot go and set one up anywhere. laws exist about how far from schools etc... Also, what we are doing is opening up a boutique of sorts...We have friends who are in this arena and know the top sellers of wines and liquors. Since we do not want to get started as a lightweight and both want to make serious money, we are investing 75k each into inventory to give us 150k on inventory. Again that is only inventory. Then we are splitting the FFEs...That is your racks, desks, computers, coolers, etc. Where we are located, not too many people buy kegs so there is no need for us to have a walking. Look at your demographics for this as well as your clientele. If you are near a college, you need kegs, if you are in a upscale neighborhood, you need fine wine and liquors. We will do fine with door coolers and will use that for selected top sellers. I guess after all said and done, we will have 200k in this investment. With that said, we don't have alot of the red tape like in FL or other areas where liquor licenses are sold out and are held on to as an investment. We can obtain them for minimal fees. Also you will need both a lawyer and an accountant in on this. You need protection! You will also need a high tech POS system. This will track your sales and what you are selling. If you are selling high volume, then buy lots of cases. You most likely should not take any profit out of the store for at least 6 months. All of your profits should go right back into purchasing more inventory. Again...This is us and not you. I plan on making a significant income from my investment and if you don't you should not start. This is long hours, lots of numbers etc. During your startup, with your new employees on board, you should take inventory of your SHELVES every other day. If you are missing bottles, do it daily and check your employees bags at the door. People will steal from you and if you think I am wrong, ask any other liquor store owner. Also, you do not stand a chance at the liquor store business if you don't have a significant inventory of fine wines. This will set you apart from grocery stores etc... Also Social Media is your key! Facebook Facebook Facebook! Create a neat upscale appearance in your store and people will pay for your products and the social media will put that appearance in their faces daily. Your reps will give you prizes etc to give away. I hope all of this will help any others! We are opening in two months! Wish us luck! kylepenland@yahoo.com if you want to email me.