Business of the Sommelier

Question 1

What are the ounces and amounts for regular sized bottles?

Answer 1

The capacity in metric and standard for common bottle sizes:
375ml
750ml
1.5 liter - Magnum

Question 2

What’s the capacity in metric and standard for uncommon bottle sizes?

Answer 2

1 liter
187ml
Jeroboam

Question 3

What is the amount of pours from a standard bottle?

Answer 3

Calculate ounce or milliliter pour sizes from standard bottle. Examples: 2 oz, 4 oz, 5 oz, 6 oz Examples: 60ml, 118ml, 148ml, 187ml

Question 4

What do the following mean?

BTG
BTB
Pour Cost
Bottle Cost
Cost Of Goods Sold
Cost %
Revenue
Gross Profit
Net Profit
Inventory
Spillage
Ullage
Target Cost %
Inventory change = beginning inventory minus ending inventory

Question 5

How many 750ml bottles in a case?

Answer 5

9L case

Not all cases are 12 bottles. Can be 6 or 3 bottle cases in the super premium category.

Question 6

Define OWC

Answer 6

Original Wooden Case, meaning?

Question 7

Sales relation info

Answer 7

Increasing sales price increases margin. Decreasing sales price decreases margin. Increasing product cost decreases margin. Decreasing product cost increases margin.

Question 8

Tell me calculations info

Answer 8

Cost % = Bottle Cost / List Price

Question 9

Gross profit formula?

Answer 9

Gross Profit = Bottle Cost - List Price

Question 10

List price based on target cost % formula?

Answer 10

List Price = Bottle Cost / Target Cost %

Question 11

BTG Costing forumula?

Answer 11

BTG Cost = (Bottle List Price/25oz/750ml) * oz/ml pour

Question 12

“Pour cost starting from case cost” what does this mean?

Answer 12

Pour cost starting from case cost.

Question 13

Provide an example of this: Amount of bottles needed = (# of guests x # of oz/ml per guest) / 25