Alcohol in stores

[FSmith59]

Noted. I never intended to make a certain business look negative.

I will say that the people involved are still friends, still business partners, and there was simply a misunderstanding involving the transfer. No "laundry" at all, so to speak.

As for names of licensees, they are easily found on the internet.

[sale4u]

my5cent

So, Steve-O, you actually think that Government Liquor stores cost tax payers money ? That they don’t make a profit ?
Your logic is completely flawed, but you have lots of company.

The old “close all the Government Liquor Stores, get rid of all those high paid jobs, and privatize”
Well, look at it this way. The GLS make a profit, even though they pay their employees well. If we sell them off, we pay the same for booze and the employees of the private stores make poor wages (a well known fact). So where does the (former) profit go ? To the wealthy owners of the stores.

So we trade a net profit to we the people of BC, we loose GLS employees that make good wages.
What does that do ? Well if you sell cars, appliances, build houses, etc etc, you will have fewer people that can afford to buy your stuff.

Currently, the retail side (Government Stores) and the wholesale side (warehousing and reselling) of the Government operations share their profits. The "books" are intertwined. The wholesale side buys the liquor from manufacturers and then (1) sells it to government stores at near the wholesale sides cost, then the wholesale side marks it up by about 105% and sells it to private stores less a 16% "discount. The private store then must mark it up in order to get approx. 25% profit in order to be able to cover the cost of running a retail store (25% profit is what is needed for any retail store to cover costs of labour, lease, insurance etc. according to the government research and retain a small net profit).
If Government stores had to buy their liquor at the same price as private stores, and not have the wholesale side to make up shortfalls, they would absolutely lose money. They would neither be able to afford the expensive labour/benefits or their overpriced leases.
If the Government proceeds with their plan to separate the retail from the wholesale and force ALL liquor retailers to buy at the same prices it would be interesting to watch the Government stores try to be accountable for their expenditures.