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See this article/thread https://news.ycombinator.com/item?id=17078319 https://news.ycombinator.com/item?id=17078319 Basically in the US a $100 wine in a resta
by cascom 8y ago
See this article/thread
https://news.ycombinator.com/item?id=17078319 https://news.ycombinator.com/item?id=17078319
Basically in the US a $100 wine in a restaurant retails for $50, Wholesales for $33, and the winery sells it for $19, and it costs them ~$14.25 to make it (all pre-sales tax)
- dx034 8y agoDon't restaurants buy at wholesale or wineries directly?
- cascom 8y agoYes - restaurants typically buy at that $33 wholesale price - hence the rule of thumb is restaurant prices are 3x wholesale and 2x retail. Generally, I don’t believe restaurants can but direct from the winery as a result of absurdly complex tiered distribution laws