How much do you make for selling wine?
January 5, 2009
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The article “Passionate oenophile finds niche” is found on Financial Post. It comments on the profit margin for importing wine — 15% margin. For example, $1.2 million revenue would be making $180,000. Not too bad of return of investment.
Link to article: http://www.financialpost.com/small_business/story.html?id=1141948
Oh, by the way, “It’s never easy, he said, to run a block-building business. Buying wine in France, in particular, is not unlike doing business in China — it takes patience, lots and lots of it.” … priceless!
Categories: Business & News, Entertainment business, china, financial post, france, LinkedIn, profit margin, revenue, wine