Quote:
Originally Posted by retiredguy123
A 1.5 liter bottle of Woodbridge Pinot Grigio is $12 at Publix. That is 10, 5 ounce glasses at $1.20 per glass. Some restaurants will charge more than $7 for a glass of wine, and some will charge a lot more than that.
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But it is only 8 glasses if you are served 6 oz or if there is a little waste. At 8 glasses the Publix bottle would be $1.50/glass and if the restaurant collected $56 for that (you didn't mention before or after tax so I'll assume before) that would be a 21% cost. This is a bit better than 25% but not extravagant. This might also carry a premium due to being in/near the Villages (Disney prices).
I wonder what the numbers would be for a bottle that costs $30 at Publix? The multiple might be less for more expensive items.
I overpay for beer all the time. I have never walked out of ABC with a $144 case of beer (or $40 six pack) but I feel fortunate if I can get a $6 bottle at a restaurant.
I've dipped my toes into the restaurant business once. There are a lot of things costs that need to be covered beyond the price of the wine (or beef or beer or potatoes).
And sure, some restaurants gouge where they can get away with it. (I paid $4 for a glass of diet soda once - figure that was a $64+ 12-pack)