Cost Factors and Initial Investment
The initial investment required to start your own beverage company is influenced by several factors that aspiring entrepreneurs must carefully assess.
The location of your beverage business plays a significant role in determining startup costs. For instance, setting up a business in a metropolitan area might be more expensive than in a smaller town. Factors such as rent, utilities, and labor expenses can vary depending on the city or country you choose.
The startup expenses for a beverage company can range from $10,000 to $300,000. The amount of money you’ll need will largely depend on the type of beverage you want to create and the size of your business.
Brewery Start-Up Costs
For a small or microbrewery, you’ll need at least $250,000 to get started. This setup will cover the basic equipment and ingredients necessary to start brewing. The cost of opening a brewery can also vary depending on the location, size, production capacity, and staffing needs.
In India, setting up a brewery may cost between ₹50 lakhs and ₹1 crore. It is expected to cost between ₹1-2 crores in total, accounting for permits, leasing charges, and other incidental costs.
Labor Costs in Brewing
When working at a non-union brewery, the usual pay for a ground-level brewer is roughly $12 an hour, which means that it costs $200 in labor to manufacture a batch of beer.