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Restaurants & Bars

Ontario (inc. Toronto)

Champagne Markups (Globe Sat Dec 29 article)


Restaurants & Bars 1

Champagne Markups (Globe Sat Dec 29 article)

Dean Tudor | Dec 29, 2012 07:32 AM

Great exposure of markup policies.

But licensees (restaurants, bars, etc.) do not have to pay certain taxes on alcohol, such as the HST. I'd guess that a bottle of Veuve would cost them under $60, which makes the markups even higher...

I remember Les Parigo at Parkside and Bloor. The owner had all Champagnes from Vintages, marked up retail plus $15...He made about $22 - 25 a bottle since he paid licensee prices.

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