What is Liquor?
Liquor is an alcoholic drink produced by the distillation of grains, fruits, vegetables, or sugar that have already gone through alcoholic fermentation. Other terms for liquor include spirit, distilled beverage, spirituous liquor, or hard liquor.
How Many Liquor City Stores In South Africa?
300 stores
Liquor City has become a name synonymous with world-renowned brands and its concerted focus on people; by not only providing a smooth shopping process for customers frequenting its 300 stores, but looking after South Africa’s independent retailers by granting them a platform to grow.
How many Checkers liquor stores are there in South Africa?
Shoprite Group
Shoprite currently owns 541 liquor stores. This includes both Shoprite LiquorShop and Checkers LiquorShop. As of June 2021, the group confirmed 19 new liquor store openings.
How much does a liquor store make in South Africa?
The Retail Benchmarks Report for independently operated stores found that South African liquor stores have an average monthly revenue of R506,251, followed by shoe stores with R325,015.
How much is a bottle store franchise in South Africa?
Many of these are franchises that are turnkey booze businesses. Chief among them are liquor stores, with some estimates putting the total number of outlets in South Africa at around 5 000. And you can buy into a known franchise or start one under your own brand – starting at R300 000.
Who are the biggest liquor wholesalers in South Africa?
Model Liquor Distributors is one of the biggest wholesale liquor and soft drinks suppliers in South Africa. Above all, we focus on building strong partnerships with customers, producers, and brands to deliver quality service. As a result, we have been a prominent force in the liquor industry for over 30 years.
How big is the alcohol industry in South Africa?
Revenue in the Alcoholic Drinks market amounts to US$10,780m in 2023. The market is expected to grow annually by 8.50% (CAGR 2023-2027). The market’s largest segment is the segment Beer with a market volume of US$6,803m in 2023.
Is a liquor store profitable in South Africa?
A liquor store can be a highly profitable venture, especially if you go the franchise route in which the franchisor helps you through the entire set-up process. However, you may want to buy an existing liquor store. As part of the process of securing finance, you need a business development plan.
How long does it take to get a liquor license in South Africa?
4-6 months
Make sure you know what is included and what is excluded in the quotation. Apply as soon as possible because a Liquor License Application can take a long time. (4-6 months or longer) You can apply on an existing premises or on a stand on which there is no building yet.