Unlike other states, Utah restaurants can’t buy their wine or spirits wholesale, writes Matt Caputo, CEO of Caputo’s Market & Deli.
Matt Caputo, CEO of Caputo's Market & Deli.Making money for a store or restaurant is pretty straightforward. You must buy in quantity and then sell to your customers for more than you paid. What most people don’t know is that there is no wholesale on wine or spirits in Utah.
For example, if a restaurant wants to buy several cases of a particular wine, or even a full truck load of it, the state of Utah will not give them so much as a penny off. No matter how much they buy, restaurants, bars and resorts are forced to pay the same price as any private citizen buying a single bottle at a time.
In many states, restaurateurs can treat the food menu as a loss leader to entice customers to participate in the real profit center: alcohol sales. Tourism is now the biggest industry in Utah, yet food and beverage establishments are forced to fight for tourism dollars with one hand tied behind their backs.
Despite the free market and anti-regulation rhetoric, the Utah Legislature continues to deprive the industry of deserving wholesale business. Making this one change to our liquor laws would propel Utah’s competitive edge in tourism to another level. I understand there are many Utah citizens who do not wish to see this type of growth in tourism. In that case, I hope they never complain about the price of a glass of wine or cocktail, or even the cost of their entree, which is helping to offset the excessiveness of our “small” government. Utah restaurant businesses deserve to turn a profit like any other industry. We have enough uphill battles to fight, and lacking wholesale on alcohol should not be one of them.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Vernon Maxwell explains why he hates the state of UtahWhile in Salt Lake City for All-Star Weekend, former Rockets guard turned social media provocateur Vernon Maxwell noted that his antagonistic tweets toward Utah stem from racist abuse he experienced here from Jazz fans.
Weiterlesen »
Arizona State pulls away from Utah behind Cambridge Jr.’s 3sWarren Washington scored 18 points on 7-of-9 shooting and Arizona State shook off Utah late for a 67-59 win on Saturday to avoid its second consecutive home loss.
Weiterlesen »
Cambridge brothers' key shots propel Arizona State past Utah in Pac-12 playThe last thing Arizona State wanted to do was suffer a loss on Senior Day. Pre-game festivities at Desert Financial Arena honored six players, five of whom started.
Weiterlesen »
Utah fades late in 67-59 loss to Arizona StateTempe, Ariz. • Warren Washington scored 18 points on 7-of-9 shooting and Arizona State shook off Utah late for a 67-59 win on Saturday to avoid its second consecutive home loss.
Weiterlesen »
2-time state champion wrestler sets the bar for her 6 siblings in UtahWrestling is a way of life for this Utah family, but winning isn't everything.
Weiterlesen »