When you open a restaurant, you need to consider if you want to serve alcohol or not. Serving alcohol provides you with a potential to make a large profit off of your investment because you can often charge a lot for mixed drinks within your restaurant. The following guide walks you through a few things to take into consideration when purchasing liquor to use in your restaurant.
Consider Your Clientele
Some liquor can be quite expensive to buy. You need to consider your clientele when purchasing liquor to ensure that you purchase spirits that people will want to drink. It is best to invest in only one bottle of high-end spirits at first to see how your liquor selections sell before investing in a lot of them.
Consider the Signature Drinks You Want in Your Restaurant
In order for a restaurant to stand out from other restaurants in the area, it is important for it to have a signature drink that people can only get there. This will cause people to want to come back to the restaurant again and again. Consider what you want your signature drinks to be so that you can invest in those liquors. You want to be sure that you choose drinks that do not require overly expensive liquors. This will ensure that you are going to be able to make a profit when you sell the drinks.
Consider Any Discounts that May be Available
There are times when liquors go on sale in the liquor shops. That is a great time to stock up on the liquors that you use the most. You may also want to ask if there is a discount available for restaurants. If the retailer wants to get your business again and again, they may offer you a discount on the overall cost of the liquor that you are buying. While it may not be a huge discount, any savings are savings to be thankful for when it comes to owning a business.
Be sure to take the time to teach your bartenders how to properly pour drinks. Bartenders who do not know what they are doing can cause your business to lose a lot of money. Drinks may need to be thrown away because they were not done properly, or drinks may be made too strong, which causes you to make less of a profit on the alcohol that you have purchased. Teaching the bartenders how to make the drinks properly will save you a lot of money and hassle in the long run.