The Picard ManeuverM to Lemmy [email protected] • 10 days agoPrices are out of controllemmy.worldimagemessage-square152fedilinkarrow-up1974
arrow-up1974imagePrices are out of controllemmy.worldThe Picard ManeuverM to Lemmy [email protected] • 10 days agomessage-square152fedilink
minus-square@[email protected]linkfedilink16•9 days agoYep, it’s very easy and cheap to produce alcohol, the only reason it’s expensive now is due to countries adding high excise taxes and the like to alcoholic drinks
minus-square@[email protected]linkfedilinkEnglish13•9 days agoMargins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade. Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%. The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.
Yep, it’s very easy and cheap to produce alcohol, the only reason it’s expensive now is due to countries adding high excise taxes and the like to alcoholic drinks
Margins on alcohol sales are fairly high, especially with high rates of industry consolidation over the last decade.
Retail alone collects a 20-30% vig on well standard hard liquor, for instance. Distributors can add another 40%.
The Gray Goose sticker price of $30 for 750mL includes an excise tax of $2.40 So around 8%, by comparison.