Redwood City
Company Description: K&L Wines is located in Redwood City, CA, United States and is part of the Beer, Wine, and Liquor Stores Industry.

Who owns K&L Wine Merchants?

If you are Clyde Beffa and Todd Zucker, owners of K&L, the trick seems to be going into business together. Todd and Clyde met in 1947 when they lived across the street from one another in San Mateo.

Can you be a wine importer and retailer?

“It’s a lot easier for us.” In California, retailers selling spirits alongside wine cannot have importing licenses, so buyers often work with clearinghouses to get wines through customs. In Washington, D.C., retailers may apply for direct-importing licenses, which are not limited to a country or region.

How do you price wine retail?

The industry standard is to mark up a bottle of wine 200-300% over its retail sales price. Thus, if a high-end wine retails for $20 at a wine retail store, it is likely to sell for $60 to $80 at a restaurant. For rare, expensive or speciality wines, the markups could be as high as 400%.

Are wine shops profitable?

Profit margins on alcohol can be extremely thin due to wine being heavily regulated. Salaries for store clerks are typically minimum wage. Management might make between $20,000 and $50,000 per year, while the owner may make $80,000 to $100,000 per year.

Is the wine industry profitable?

Is The Wine Industry Profitable? In general, the wine industry as a whole is very profitable, as the wine industry growth rate suggests. For restaurants and bars, wine is easily the most profitable item on the menu. And wine, in large part, drives a lot of the profitability of bars.

How much does wine cost wholesale?

If the retail value is $40, the winery gets $20 from the distributor. (FOB is less when we export; somewhere around 30% of full price.) A distributor then sells the wine to a wine shop or restaurant at wholesale, which is about 33% over FOB—$27. Retailer then sells the wine to consumers at a 50% markup, or about $40.

What is K&L wine merchants?

Welcome to K&L Wine Merchants! Since 1976 we’ve been proud to offer the world’s finest wines, great service and competitive prices. We offer thousands of wines on this site with inventory updates happening in real time. In addition we operate three retail stores, in San Francisco, Redwood City and Hollywood, California.

How do I get to K&L wine bar?

From the North, on HWY 101, take the Woodside Rd. exit. Stay in the right lane, and take the El Camino Real (South) exit. K&L Wine Merchants will be on your left, about one mile south of Woodside Road.

How do I get to keyk&l wine merchants?

K&L Wine Merchants will be on your left, about one mile south of Woodside Road. From the North, on HWY 280, take the Woodside Rd. exit. Make a left turn, and go east on Woodside Road (down the hill).

Who is the owner of K&L?

K&L has always remained a family business (Clyde and Todd are married to K ay and L inda). K&L is a member of The Specialty Wine Retailers Association (SWRA), an organization that exists to create a national marketplace for direct-to-consumer wine sales.