On 2017-11-04 12:42 PM, notbob wrote:
> On 2017-11-04, Ben Oliver > wrote:
>
>> Same - my favourite wine will always be one that you can drink at the
>> table every day, over what is essentially liquid gold.
>
> Last I heard, mark-up of a bottle of wine was somewhere around 300%.
> Single glass, more.
That depends a lot on where you live. Around here you can get bottle of
wine in a restaurant for $30 or more, and a glass will run you about 7.
Towns to the north of us charge $2-3 per glass more, and if we go to
Toronto it is usually at least $12 for a glass of wine. The $7 for a
glass of wine for a bottle that sells for $16 works out a little more
than than 200%. When they charge $12 for a glass it is quite bit more
than $300.
FWIW... I just got back from wine tasting at the winery that is
supplying the wine for this year's art festival. We are trying to keep
the price down to $5, mainly to avoid issues with making change, but
also to keep the price point low enough to sell. We get 1/3 off the
wine, so we can do about 150% markup.