Here is the Markup on the Drinks at the Average Bar
Statistics are out on the average markup on the drinks you get at your favorite lounge, bar, or tavern.
According to Business Insider, here are the way the mark ups average out at drinking establishments.
- With beer, you get the most for your money if you order an import in a bottle. Premium bottled beers have an average markup of 300%. Other bottled beers are around 400%. Regular draft beer is 456%. Premium drafts are 355%.
- With mixed drinks, again you actually get more for your money if you order good liquor. Drinks with expensive booze are marked up about 300%, compared to drinks with well liquor at 456%.
- If you buy a shot, they're marked up about 400%, regardless of the brand.
- With wine, the markup is 350% if you buy it by the glass, 203% if you buy a bottle, and 150% if you buy a good bottle.
So a good bottle of wine has the least amount of markup. And the largest markups are on cheap draft beers and mixed drinks.
Keep that in mind while you are out drinking this weekend, you could be drinking cheaper at home with your friends.