Is bottle store profitable in South Africa?
Even with the high taxes on liquor sales, people still buy alcohol regularly. A liquor store can be a highly profitable venture, especially if you go the franchise route in which the franchisor helps you through the entire set-up process.
How much does a bottle store make in South Africa?
South African liquor stores have the highest turnover in the country, a new report by retail software platform Vend found. The Retail Benchmarks Report for independently operated stores found that South African liquor stores have an average monthly revenue of R506,251, followed by shoe stores with R325,015.
How much does it cost to open a small bottle store in South Africa?
What is the cost of starting wine and spirits? You may need to spend around R10, 000 on the counter and stools to open a basic wine and spirits store. Additionally, you’ll need R5000 in cash to get started. You should budget between R10, 000 and R10, 000 for other expenses.
What are the trading hours for bottle stores in South Africa?
Trading hours for selling of liquor on licensed premises
| Location category & licensed premises type | Maximum permitted trading hours |
|---|---|
| 1. Residential area | |
| Business premises | 11:00 – 24:00 |
| Place of entertainment | 11:00 – 24:00 |
| Sports and community club excluding special events requiring temporary licences |
Bottle Store
