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Old 06-17-2012, 11:50 PM   #1
2Moose
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Default home brew supplies business plan help

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?

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Old 06-18-2012, 02:26 AM   #2
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Check with your local SCORE chapter. I found they were very helpful when wife expanded her party store efforts.

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Old 06-18-2012, 12:08 PM   #3
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Default Thank you!

Thank you for that suggestion. I actually just emailed them for a mentor yesterday.

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Old 06-18-2012, 02:58 PM   #4
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Quote:
Originally Posted by 2Moose View Post
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 control.

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.
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Old 06-18-2012, 04:36 PM   #5
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Default Great advice

Thank you!

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Old 06-18-2012, 11:20 PM   #6
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.. provide cheap/free shipping to Canada because we routinely get screwed by shipping prices!

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Old 06-18-2012, 11:26 PM   #7
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everything that Ty said.

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