Originally Posted by 2Moose
We are considering opening a home brew beer & wine supply. I am just starting the business plan now. Does anyone have any advice? Does anyone know how to find out the annual sales revenue per square foot of a brew supply store or, for that matter, estimating the rest of the financials required for a business plan (projected expenses) as I'm not having any luck asking current stores?
Know your market. Be intimately knowledgeable of other shops in the area and what you can provide that they don't. The better you understand the factors outside
your control, the better you can manage what you can
Oh, and cash flow cash flow cash flow.
As for estimates, talk with banks/lenders. I can almost guarantee you that most homebrew shops have some form of bank financing.