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re: Liquor store- good investment?
Posted on 7/7/23 at 9:48 am to Random MsState Fan
Posted on 7/7/23 at 9:48 am to Random MsState Fan
I’d think their margin is somewhere between 18-25%. I know 24 packs are almost 50% markup. That said, on 900k rev you’re looking at 700-750k in COGS. I’d be interested in understanding more about the SG&A. Could be a glaring issue or cost that is driving the earnings down that is easily fixable.
If you have more details you could share without breaching a NDA, we can give more advice but based on this alone - no way I’d jump on that.
If you have more details you could share without breaching a NDA, we can give more advice but based on this alone - no way I’d jump on that.
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