How much is an off-licence

Fresco_007

I'm having some difficulty finding a figure with how much they are so simple question:

How much are they?

Graham

Which off license? Is it trading, where is it, what's the turnover?

Like houses, there isn't a set price.

beazee

Is it the licence cost you're after?

Fresco_007

As in, just gathering some information on setting up an off licence and was just wondering the cost of the licence. Located in south Dublin.

Ah right, no set price, okay, I understand. So in other words to get an exact figure I'd have to apply and all that?

sandin

Fresco_007 wrote: »

As in, just gathering some information on setting up an off licence and was just wondering the cost of the licence. Located in south Dublin.

Ah right, no set price, okay, I understand. So in other words to get an exact figure I'd have to apply and all that?

you are asking a wrong question I think.

An Off-Licence is a style of retail outlet that sell alcohol - hence no set price as you could buy one for 50k in a small town or pay 200k in Dublin.

Possibly you are looking for the cost of a License to sell alcohol for consumption off the premises.


Its not my area, but I'm sure a call to any wine/spirit supplier will give you all the information you need.

irish_goat

http://www.revenue.ie/en/tax/excise/duties/excise-duty-rates.html

Intoxicating Liquor Licences:

(4) Retailers' Off-Licences
Retailer of Spirits €500
Retailer of Beer €500
Retailer of Cider €500
Retailer of Wine €500
Retailer of Sweets €500

beazee

I am surprised the licence is so low. Had an idea the licences are coming in sort of tens of thousands euro where in fact the highest bracket for pub comes at €3805 pa.

Graham

€3805 is for a new restaurant (special license).

Are the other figures on that page renewal rates rather than the price of a new license?

My understanding is pub licenses are still generally transferred from previous licensed premises (large population increases excepted). I vaguely remember €75k being about the going rate.

clio_16v

I'm pretty sure those prices quoted are to renew a license. To buy a license at the moment the going rate is about 50 - 70k from what I've heard. You need to buy a license from another Off License or a pub that is closing down. You can't simply apply for a license and then get it.

A few years back Lidl / Supervalu etc were buying licenses for 150 - 200k but the price has dropped dramatically. I know a guy who retired and sold his license for 170k about 7 years ago and was offered one recently for 35k. Even if you did get one for 35k you still need to lease / buy a premises , stock it, pay rates / staff / electricity etc

relaxed

irish_goat wrote: »

http://www.revenue.ie/en/tax/excise/duties/excise-duty-rates.html

Whats with the retailer of sweets.

If a pub sells sweets they pay another €500 for a licence??

So each licence is €500, beer, wine, spirits, cider, sweets, €2500 in total?

Greenmachine

€12 if I want to sell methy spirits. Pretty sure these are normally only sold in pharmacies.

relaxed

And whats a bog premises?

The Dagda

relaxed wrote: »

And whats a bog premises?

Bring own grog?

craftbeer2014

talked to a solicitor last week, the licence alone ranges from 50-70k like a previous user mentioned, and you do have to extinguish the licence from a previous holder, meaning the city arent releasing any new licences. the e500 mentioned for beer, e500 for wine, e500 for spirits etc is the yearly renewal fee. So, e50k for licence, about e25k rent p/a (roughly for 700sq ft in Dublin), then inventory and staff, these are your main costs to get up and running!

melekalikimaka

i know a number of people whom have attempted independent off licences.


You really need to look at the margins and if theres a supermarket anywhere close you are not going to be able to compete and the craft route is quite challenging

enda1

craftbeer2014 wrote: »

talked to a solicitor last week, the licence alone ranges from 50-70k like a previous user mentioned, and you do have to extinguish the licence from a previous holder, meaning the city arent releasing any new licences. the e500 mentioned for beer, e500 for wine, e500 for spirits etc is the yearly renewal fee. So, e50k for licence, about e25k rent p/a (roughly for 700sq ft in Dublin), then inventory and staff, these are your main costs to get up and running!

How about rates?

craftbeer2014

Rates are all dependent on size and location of your premises, can be anywhere from e2k to e6k a year (guesstimate)

Bandara

craftbeer2014 wrote: »

Rates are all dependent on size and location of your premises, can be anywhere from e2k to e6k a year (guesstimate)

Your rates could easily be 15k a year

craftbeer2014

not for a 700sq ft retail unit (like we were discussing)