The cost to open a wine business varies from state to state in India. A wine business license typically costs between 50,000 and 5,000 in Indian rupees. A renewal cost must be paid in order to extend the license fee’s validity beyond the standard year. The type of alcohol you intend to sell will also affect how much it costs to get a license. Beer and wine are subject to a lower license charge than spirits and other strong liquors.
In addition to the license price, you must also pay for other costs including shop rent, staff salary, and interior décor. The price of these costs varies depending on where your shop is located and how big your company is. In order to open a liquor store in India, it is generally advised to have a capital of between INR 10 lakh and INR 50 lakh.
The price of acquiring a liquor license in Kenya also depends on the kind of alcohol you intend to sell. Beer and wine are subject to a lower license charge than spirits and other strong liquors. In Kenya, a liquor license can cost anything from KES 20,000 to KES 500,000.
The location and size of your business will affect how much it will cost to start a wine and spirits store in Kenya. In general, it is advised to open a wine and spirits store in Kenya with a capital of KES 1 million to KES 5 million. The cost of rent, shop furnishings, goods, and employee wages will all be covered by this money.
In conclusion, the price of opening a liquor store and getting a license for a wine shop varies depending on a number of variables in India and Kenya. Before spending your money, it is critical to conduct thorough research and design your business. Prior to establishing your firm, make sure you fulfill all legal criteria and acquire all required licenses and permissions.