How Much Does A Liquor Store Owner Earn?
The earnings of a liquor store owner vary based on a variety of factors, including the location, size, and competition of the store. According to some estimates, the average liquor store owner earns a salary of around $30,000 to $70,000 per year. However, successful owners may earn much more, sometimes up to $1 million or more annually. Ultimately, the profitability of a liquor store depends on the owner’s ability to keep expenses down and sales up through effective marketing and management strategies.