Search found 2 matches
- March 18th, 2012, 10:35 am
- Forum: Specialty Retail & Membership Club Chains
- Topic: Washington state liquor stores on auction block
- Replies: 4
- Views: 3817
Re: Washington state liquor stores on auction block
This post is informational for those who may be interested in bidding on individual liqour stores or a system wide bid for all liquor stores currently owned and opearted by the state of Washington. There is a provision in I-1183 (the intiative passed by the voters in Washington forcing the privatiza...
- March 17th, 2012, 11:29 pm
- Forum: Northwest, Rockies, & Alaska USA
- Topic: Fred Meyer (WA) preparing for liquor sales
- Replies: 7
- Views: 4559
Re: Fred Meyer (WA) preparing for liquor sales
I-1183 provides that 17% of all sales revenues from packaged spirits will be paid to the State of Washington. Since the margin on liquor is 34-35%, that is half of gross profits.
This post has been edited by the Administrator for violations of the Membership Agreement.
This post has been edited by the Administrator for violations of the Membership Agreement.