How Much Does It Cost To Start A Wine Club? (In 2024)
Looking to start a wine club?
But curious about:
- how much it costs to start a wine club?
- what are the typical wine club startup costs?
- or the actual cost of starting wine clubs?
Well, we have the data to prove it, supported by real wine clubs and how much they actually cost to start.
Let's go over it.
Learn more about starting a wine club:
Where to start?
-> Wine club plan
-> How to finance a wine club?
-> Pros and cons of a wine club
Need inspiration?
-> Other wine club success stories
-> Marketing ideas for a wine club
-> Wine club names
Other resources
-> Profitability of a wine club
-> Wine club tips
Equipment & Supply Expenses
Starting a wine club may require purchasing some equipment, whether that's for producing the product or packaging the goods, or equipment needed in the back office.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Cleaning Supplies ➜ |
Optional |
$63 |
$200 |
Retail Business Expenses
If you plan to have a brick & mortar location for your wine club, you must weigh the costs of your rent, as it may be the most expensive part of running your business.
Rent costs for your wine club very much depends on your location. This cost will vary by both region and specific areas of town: a lease in the heart of Manhattan could cost over $80,000/month in rent. Meanwhile, a storefront lease in Florida or Tennessee could cost less than $1,000/month.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Shop Decor |
Optional |
$0 |
$5,000 |
|
Utilities (storefront business) |
Optional |
$0 |
$1,000 |
|
Building improvements and remodeling |
Optional |
$0 |
$950 |
| Storefront Property Rent ➜ |
Optional |
$1,250 |
$3,500 |
|
POS System |
Optional |
$0 |
$1,200 |
Business Formation Fees
There are a few key costs associated with forming your business entity, such as setting up an LLC and getting trademarks, copyrights, and patents sorted.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Set up business: LLC & Corporations |
Required |
$50 |
$500 |
|
Small Business Insurance |
Recommended |
$500 |
$2,000 |
Software Expenses
Your wine club needs software to run efficiently!
Why spend money on software? Because it can help you save time and automate certain parts of the business, so you can focus on the most important matters. Software and technology can help you grow your business, and save you from expensive personnel costs.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
File Hosting Service |
Recommended |
$0 |
$299 |
|
Project Management Software |
Recommended |
$0 |
$25 |
|
Internal Communication Tool |
Recommended |
$0 |
$20 |
|
Email marketing tool |
Recommended |
$0 |
$100 |
|
Accounting & Invoicing Software |
Recommended |
$0 |
$50 |
| IT Support ➜ |
Optional |
$150 |
$2,000 |
|
Payroll Software |
Optional |
$0 |
$200 |
|
Social Media Management Tools |
Optional |
$0 |
$50 |
Office Space Expenses
It will be your call to determine if you need office space. It is not a requirement but may be necessary as your wine club grows.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Rent ➜ |
Optional |
$0 |
$5,750 |
| Utility Costs For Office Space ➜ |
Optional |
$0 |
$1,150 |
| WiFi & Internet ➜ |
Optional |
$0 |
$100 |
Website Costs
Every business should have a website, and it's worth spending a bit of money to set it up right.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
| Domain Name ➜ |
Required |
$12 |
$200 |
| Website Hosting Costs ➜ |
Required |
$0 |
$300 |
| Business Email Hosting Service ➜ |
Recommended |
$1 |
$15 |
|
Website & Live Chat Tool |
Recommended |
$0 |
$200 |
| Web Designer ➜ |
Optional |
$200 |
$6,000 |
Inventory Expenses
If you sell a physical good, you'll likely have to start with some inventory.
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Upfront Costs For Inventory |
Optional |
$300 |
$5,000 |
|
Inventory Storage |
Optional |
$0 |
$5,000 |
| Package Design ➜ |
Optional |
$50 |
$3,000 |
|
Shrinkage |
Optional |
$0 |
$1,000 |
|
Distribution costs |
Optional |
$0 |
$750 |
Advertising & Marketing Costs
| Cost | Required? | Min Cost | Max Cost |
|---|---|---|---|
|
Customer Research & Surveys |
Optional |
$0 |
$300 |
| Business Signage ➜ |
Optional |
$75 |
$2,486 |
|
Direct Campaigns, Printing and Mailing |
Optional |
$0 |
$300 |
|
Affiliate Marketing Commission & Fees |
Optional |
$0 |
$250 |
|
Influencer Marketing |
Optional |
$0 |
$750 |
|
Press |
Optional |
$0 |
$500 |
|
Google Ads |
Optional |
$0 |
$300 |
|
Facebook & Instagram Ads |
Optional |
$0 |
$350 |
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
