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MARK UP ON WINE

Posted: Tue May 23, 2006 9:25 am
by tbbr
One of the things you notice after a few trips to the algarve is the disparity between the menu price and the store price ( and yes I know its the same in the UK ).
But can you beat this, Bottle of house wine sat night ( alentejo white )
11 euros, seen in continente yesterday around 2 euros.
Restaurant was not in the upper price range either.

However best thing is not to dwell on it but order another bottle.

Posted: Tue May 23, 2006 11:36 am
by Dalcassian
I agree.
Check out previous thread at Forum: Chit-Chat : Posted: Tue Apr 11, 2006 6:46 am Subject: Wine. :x
Same experience. Disgraceful! :x

Posted: Wed May 24, 2006 4:21 pm
by wino bob
isnt a restos profit margin cropped up by charging more for bevvies, IN GENERAL? this includes coke, sparkly designer water

Posted: Wed May 24, 2006 5:49 pm
by maddi
22 years ago (hate to admit I am that old!!) I ate with college friends as a special treat at a rather swanky chinese restaurant on Tooting Broadway (unlikely it still exists) - we had the chinese feast as it was an 'important' night for us.

The chinese feast for 4 at the time cost us £28 - our drinks bill added a further £77 - remember this is 1984 plus we were students so it is unlikely we ordered anything better than that old student 80's favourite - leibfraumilch!!!!!

Maddi :)

Posted: Tue Jul 25, 2006 9:25 pm
by tbbr
How is this for a mark up.

In one of the weekend papers a feature on portuguese wines , included one which we have bought for under 2.50 euros in continente for sale in UK at £4.99 ( 7 euros ).

And have you seen the price for mateus rose in the uk. ( not that we would touch the stuff )

Posted: Tue Jul 25, 2006 9:26 pm
by tbbr
Have been corrected it was in latest edition of PORTUGAL magazine.

Posted: Wed Jul 26, 2006 2:11 am
by Hoser
Can I ask this question? If the restaurant doesn't mark up the price on their goods such as wine, how are they supposed to pay for their expenses and make a profit? As consumers, if we feel the price is too much we do not have to patronize their business. In the provinces of Quebec and Ontario, they allow the customers to bring their own wine and beer into the restaurant to have with their meal. This was to prevent the 300% markups and considering the provinces over here in Canada tax our wine and beer to death already. You are lucky to buy a bottle of wine in Canada at the store for $8.00CAN.

Posted: Wed Jul 26, 2006 7:45 am
by Dalcassian
Interesting project for 'she who does the cooking'.
After the next time he takes you out for a meal in a restaurant, buy all the ingredients in your local supermarket at local prices, total it up, add cooking costs and produce the same meal at home. Serve for two and collect the price difference from him!
How much profit do you think you'll make? :roll:

Posted: Wed Jul 26, 2006 10:55 am
by Lesley Jean
:? I am afraid that if you want nice clean, well run restaurants with good local or international food, whether it is a middle priced establishment or not, you will have to pay far more for wine, drinks etc than supermarket prices.

With all the overheads like staff, gas, electric, rates, taxes, phone, etc. etc. how do you expect these places to make enough money to stay in business?

I used to be in the Pub trade here in the UK and it would annoy me so much when someone came into our beautiful 300 year old thatched pub, beautifully decorated and very clean, then moan about the fact they could buy a bottle of beer/wine in the local supermarket for half the price they paied in our pub. You have to be sensible to stay in business.

Come on give these people a break, if you don't like it buy a bottle of water instead. Or just enjoy the moment and have a bottle of wine and forget the odd 10 euros, surely it is all part of going out and enjoying yourself.

MarkUp on Wine

Posted: Wed Jul 26, 2006 2:05 pm
by Canada
Hoser, you forgot to mention that in Ontario - if you bring your own wine (and not a lot of restaurants belong to this scheme) there is a corkage fee of $20 to $30. So it really doesn't pay unless you want a really, really expensive wine of $50 or $60.

Posted: Wed Jul 26, 2006 3:09 pm
by orangeanorak
Yes had the same mark up experience the other night in Ilda Tilda??? Bottle of house red over 10 euro --- brand which almost said LAbrador!!! 2 euro in the supermarket - yes mark it up but not by 5 times the price

Posted: Wed Jul 26, 2006 3:58 pm
by pm
I don't know why you are getting so excited over wine mark ups. Most everything has a profit margin on it or the retailer would go broke. And things are sold for the price people will pay, no relation to the cost. I thought everyone knew that.
I read that a coke cost mcdonalds 7p, don't know what they sell it for, £1 or so?
Maybe that bottle was on offer in the supermarket as a loss leader, doesn't mean the restaurant bought it there.
Why don't you just enjoy your holiday?

Posted: Wed Jul 26, 2006 7:12 pm
by fmm
Like everything in life, you sell at the price someone is prepared to pay. You pay a extra if the supermarket delivers it to your door, but how much extra would they charge to open the bottle and supply you with a glass? At virtually any time of day or night?

Come on folks - get REAL!!! Most things in life you buy will have at least that mark up. Don't pick on the restaurants just because you can see the purchase price more easily.