Wealth & Whiskey | 4 Ways to Find Wealth in Whiskey

Did you know that the whiskey industry market is expected to grow by 6.5% compounded in the next few years? With that in mind, it may be time for your business to find wealth in whiskey investments. The whiskey market has become an increasingly attractive opportunity with the rising demand for high-quality alcohol in the United States.

As a business that benefits from the liquor industry, setting yourself up for success is crucial. By investing in top-performing whiskey types and brands, you can ensure that your business will stand out from the competition. If you're still unsure, Brindiamo Group has compiled a comprehensive list of ways your business can capitalize on the wealth of whiskey.

Here are the 4 ways to find wealth in whiskey:

• Whiskey Flipping

• Storage Solutions

• Understand the Industry

• Investment Longevity

Whiskey Flipping

One way to potentially benefit from the wealth of whiskey is through whiskey flipping! This term refers to purchasing limited edition alcohol with the goal of preserving it and later selling it for a profit.

Some individuals may actively search for limited whiskey releases to purchase and flip, while others may have come across long-aged whiskeys as gifts or family heirlooms. Regardless of how you acquire these high-quality spirits, whiskey flipping can boost your business's alcohol sales revenue.

Visit Brindiamo Group to learn more about investing in whiskey!

Storage Solutions

Typically, unopened whiskey maintains its quality over a long period. It remains crucial to store whiskey bottles properly to ensure peak quality. For bottles designated for investment, it's essential not to open them under any circumstances. Store all bottles upright to prevent the cork from coming into contact with the spirit inside.

Considering this, your business can also capitalize on the wealth of whiskey by investing in proper storage solutions. Storing whiskey bottles correctly may pose a challenge for some, but if you're looking to invest in top-notch whiskies, it's wise to invest in suitable liquor storage options. While this may require an initial investment, in the long run, you could expand your whiskey collection for future distribution.

Understand the Industry

When considering investing in high-quality whiskey, it's essential to have a good understanding of the industry. Conducting research on top-performing distilleries, market trends, and sought-after bottles is highly recommended. Knowing your investment goals can help guide you in making informed decisions when choosing the right investment options.

For those who already love whiskey, this probably won’t be too difficult. However, for those getting involved for investment purposes only, help from a liquid sourcing advisor like Brindiamo Group can help to facilitate productive introductions between those starting a drink company and those looking to invest.

Investment Longevity

There are various avenues to explore in order to maximize your whiskey investment. Options include investing in bottles, casks, and distillery shares, each with its own set of advantages and disadvantages. Depending on your business objectives or investment goals, purchasing bottles may align better with your long-term investment strategy compared to casks. “In terms of cask investment, investors who opt for this route tend to have more freedom with the liquor to either sell it back to distilleries or bottle their own produce,” states Jeff Hopmayer, Managing Partner of Brindiamo Group. With this in mind, you will lose some cash towards the proper storage of your whiskey investment.

For those considering whiskey investments, it's crucial to understand that success in the industry requires patience and strategic timing. Keeping a watchful eye on market trends, distillery performance, and new whiskey releases can help investors position themselves for success and capitalize on the wealth of whiskey investments sooner rather than later.

Brindiamo Group Helps Connect Companies to Investors

If you're unsure about investing in whiskey, you might need some guidance on what's best for you or your business. Connecting with the right companies can sometimes be tricky, as each partnership may have specific preferences on how they prefer to engage with potential investors.

Brindiamo Group helps facilitate productive introductions between those starting a drink company and those looking to invest. Contact Brindiamo Group today!