Manufacturing: Get That 25k Ready
As was previously mentioned, starting a liquor brand is not cheap. As a consultant, Vaughn tells his clients that between $20 and $25 thousand is the amount needed just to get your product ready to go into production. At that point, you have your concoction, your bottle and most of your legal matters taken care of.
Of course, the number is vulnerable to varying factors including whether you’re working with a consultant or not (a consultant may cost you more upfront but can negotiate better rates along the way), and also the type of liquor you’re producing. “Vodka, made from grain, is much cheaper to produce than brandy, made from grapes,” said Moore. “ Packaging costs also vary greatly and you usually have to order higher quantities to get discounted pricing. A high-end looking Cognac bottle is more expensive than an inexpensive house Vodka bottle.”