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Maintaining an extensive wine list, of high end wines is a significant cost to a restaurant. The cost of procuring the wine, the cost of proper storage and cost of a sommelier whose responsibility it is to select the wine for the cellar, but also to guide restaurant guests to an appropriate selection. It ain't cheap, so when a party walks into a restaurant with a bottle $25 Cab they bought at Costco, the restaurant is going to recoup some of loss they incur from not selling wine from their cellar. If I had a cellar full of $300 bottles of Cab and you want me open your $25 bottle, I'd charge you appropriately.
Most restaurants will waive your corkage for that $25 bottle you bring in, if you also select something off of the wine list.
Wine by the glass is another cost that needs to covered. There are 4 decent pours in a 750ml bottle. The price of a glass of wine is 1/2 the wholesale cost of the bottle. If they sell two glasses they have recovered the whole sale cost of the bottle, if the sell the third and fourth glass they make money, if they don't the half empty bottles typically go home with the wait staff at the end of day. It is rarely, if ever, held over.
Chris Vais
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Luckily, Philadelphia has a flourishing BYOB restaurant community. How very cavalier to think that I would take a $25 bottle of anything to any restaurant; rather, I take a 2008 Archery Summit, Ribbon Ridge, Pinot Noir to pair with a meal that will compliment my fantastic wine (that I wish to share in the best possible light with my friends).
If faced with a choice of $500 wine, I will simply have a cocktail before dinner and then drink water.
Cheers all!
Jay
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Tobin James is my "Drinking Rack"...everything else is part of the "collection" (for the most part).
Jay
“Faster, Faster, until the thrill of speed overcomes the fear of death.” - Hunter S. Thompson
"I couldn't find the sports car of my dreams, so I built it myself." ~Dr. Ferdinand Porsche
"968Forums, a quaint little drinking community with a serious horsepower problem"
"Life's journey is not to arrive at the grave safely in a well-preserved body, but rather to skid in sideways, totally worn-out, shouting, 'Holy sh*t! What a ride!'"- Unknown
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Melva intercedes when the collection grows beyond 300 bottles, imposing a moratorium until there is enough room in the wine cellar to allow for a few new cases.
She keeps me somewhat grounded. The real question is, at what age should you stop collecting?
Jay
“Faster, Faster, until the thrill of speed overcomes the fear of death.” - Hunter S. Thompson
"I couldn't find the sports car of my dreams, so I built it myself." ~Dr. Ferdinand Porsche
"968Forums, a quaint little drinking community with a serious horsepower problem"
"Life's journey is not to arrive at the grave safely in a well-preserved body, but rather to skid in sideways, totally worn-out, shouting, 'Holy sh*t! What a ride!'"- Unknown
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At age 72, I have stopped collecting. Almost all of the American produced wines that I am inclined to buy are generally ready to drink. They might improve a bit with age but overall, I'm not holding anything past 10 years. Collecting and holding wine is not widely practiced in this country and so most wines are produced to be drinkable at the time of purchase.
Some members of my family have lived well into their late 80s and mid 90s so there is still some time left for wine to mature. That said, there is no one to leave the contents of my cellar to. My son has been clean and sober for 10 years and I have no other children. My nieces and nephews, like most millennials are indifferent about wine.
Chris Vais
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If you assume a cost, for Livermore AVA fruit of $1800 per ton for white wine grapes, and $2300 per ton for red grapes, the production cost per bottle is estimated to be $15.50 and $19.00 respectively. The cost per bottle for a Napa Cab, where the grapes cost $20,000 per ton, comes to about $45.00. You still need to factor in the cost of owning/renting tasting room space, labor costs for a tasting room, advertising and shipping to your bottle cost.
At Longevity, our costs to produce a bottle ran between $15 and $19.00 to produce and our whole sale price ran from between $25 and $45 per bottle.
Chris Vais
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You can reduce the cost of a bottle of wine in the following ways. Ferment in large quantities. Low cost producers ferment in 10,000 gallon fermentors. Buy cheaper fruit. Cabernet will crop at 7 tons an acre if allowed, fruit cropped at this level sells for less month than fruit which has been cropped at 2 to 3 tons an acre, which is the optimum for a premium quality wine. Machine harvest the fruit rather than hand harvest. Machine prune the vines. Don't use wood barrels. If you want to add some oak, use oak staves, chips, cubes or balls and drop them into your fermentors. Use artificial corks and cheap glass for bottling. Age wine in bulk tanks until it is time to bottle. Release the wine with minimal aging, no more than 12 to 18 months. Cheap labor.
Chris Vais
1994 Coupe Midnight Blue Metallic
2015 Audi Allroad Quattro Brilliant Black
2008 Audi A5 Brilliant Black