8 Liquor Company Success Stories [2024]

Pat Walls

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Updated: April 3rd, 2024

Start A Liquor Company

Here are some real life success stories of starting a liquor company:

1. Wolf Spirit Distillery ($3.6M/year)

Umberto Luchini, the founder and proprietor of Wolf Spirit Distillery, came up with the idea for his vodka brand, Blood x Sweat x Tears, after leaving his comfortable CMO job with a multi-national liquor company. He wanted to create something different and connect with consumers in a real and honest way. After two years of hard work, the brand is experiencing rapid growth and is set to be available in 40 states by the end of the year, a feat that usually takes four years.

How much they make: $3.6M/year
Current team size: 5

How I Started A Vodka Brand Doing $100K/Month

Wolf Spirit Distillery, founded by Umberto Luchini, has experienced rapid growth by expanding to 23 states in the first six months of the year and aims to reach a total of 40 states by year end, despite initial start-up costs of over $1.5 million for Blood x Sweat x Tears vodka.

About

Umberto started Wolf Spirit Distillery about 7 years ago

Revenue

Umberto grew the business to $300K/month

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2. BeatBox Beverages ($132M/year)

Justin Fenchel, co-founder and CEO of BeatBox Beverages, came up with the idea to create a party version of boxed wine with his friend Brad Schultz. They noticed the popularity of boxed wine like Franzia, but realized people weren't buying it for the taste, but for the affordability and convenience. Inspired by flavored malt beverages, they decided to create a fun flavored version of boxed wine for millennials. After testing their product at parties and receiving positive feedback, they knew they were onto something. With no prior alcohol industry experience, they navigated the complex laws and manufacturing process to bring their unique product to market. Since launching, they have grown their sales to $2.4 million in 2018 and hit $2 million in revenue in 2019.

How much they make: $132M/year
How much did it cost to start: $150K
Current team size: 164

How We Launched And Grew A Party Punch Beverage To $3M/Year

BeatBox Beverages, a wine-based cocktail company, grew sales from $700k in 2016 to $2.4m in 2018 and is on track to hit $6m+ in 2019 through a unique and differentiated product, social media marketing, and an appearance on Shark Tank.

About

Justin started BeatBox Beverages about 11 years ago

Revenue

Justin grew the business to $11M/month

Costs

It cost Justin $150000 to start the business

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So... can you actually make money with a liquor company?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

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Starting A Liquor Company: Everything You Need To Know

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So... can you actually make money with a liquor company?

Of course. There are millions to be made in this industry.

But how?

Research real, profitable businesses and see exactly how much money they make.
Study exactly what works, and what doesn’t.
Take action, because now you have the roadmap.

Join Starter Story and build your next big thing:

Start Now

6. Liquor Authority

Liquor Authority is a division of Alcoholic Beverage Control Law built-in 1934 to provide protection, health, welfare, and safety. They issue the alcoholic license and permits through Alcoholic Beverage Control Law. They work with local law enforcement agencies and local communities to act against individuals who violate the law.

Where they're located: Manhattan Community Board 1, New York, USA
Website traffic: 60K/month

7. Pennsylvania Liquor Control Board

The state created Pennsylvania Liquor Control Board to sell liquor and beverages as realtors and wholesalers legally. Moreover, their purpose is to promote alcoholic education and maximize social drinking responsibility. They manufacture, import, sell, distribute, and dispose of liquor.

Where they're located: Philadelphia, Pennsylvania, USA

8. Diageo

Where they're located: Miami, Florida, USA
Website traffic: 270K/month