Did you know that the consumption of quality whiskey accounts for millions of dollars in the alcohol industry yearly? With that in mind, now is the time to begin investing in whiskey. Investing in whiskey has become increasingly more popular, especially as bars and more restaurant establishments begin to open back up.
If you have an interest in alcohol investments, investing in high-quality whiskey could be a game-changer for you or your business. And if you're unsure, Brindiamo Group has compiled a detailed list of reasons why now is the perfect time to venture into whiskey investment.
Here are the top reasons why Whiskey Investment is a good idea:
Prime Market
Limited Editions
Longevity of Investment
Easily Stored
Over the past year alone, with so many people left to isolate at home and create their own unique alcoholic drinks, along with bars now consistently reopening their doors— the demand for high-quality whiskey has increased. Jeff Hopmayer, Brindiamo Group’s Managing Partner, states that “Whiskey, typically known as a more masculine drink in the past, has become more of a respected, luxury type of alcohol. Similar to types of expensive, aged wines, whiskey is beginning to be treated in a similar manner.”
With whiskey quickly becoming a booming portion of the alcohol investment market, now is a perfect time to get ahead of the game and begin investing in quality whiskey bottles, casks, or distilleries.
Visit Brindiamo Group to learn more about investing in whiskey!
Limited and special edition whiskey bottles hold a significant appeal for whiskey investors. Whether you're a passionate collector or an investor, these rare bottles and casks are highly valuable. Some limited edition whiskey bottles may have only had two in circulation, making it a fantastic opportunity to acquire a rare and high-quality spirit.
As whiskey ages in storage, its value appreciates over time. Similar to a vintage car, high-quality whiskies can prove to be an incredibly valuable investment.
Likewise, investing in quality whiskey can serve as a long-term investment opportunity for both you and your business. Whether you opt for vintage, limited edition bottles or plan to age newer whiskies for ten to twenty years, the potential for sustained growth in whiskey investment is significant.
There are several options for investing in whiskey, including bottles, casks, or even shares in distilleries. Each type of investment carries its own set of risks. Depending on your business or investment objectives, investing in distillery shares may align better with your long-term investment needs compared to individual bottles.
As mentioned earlier, limited and special edition whiskey bottles can become even rarer over time. Whiskey from ten or twenty years ago often holds more value, simply due to its vintage or historical significance. By exercising patience with your whiskey investments, you may reap substantial rewards in the long term.
One reason whiskey investing has gained popularity is its convenient storage. Unlike wine, whiskey is easier to store in most environments, making it ideal for those managing bulk liquor options. However, for whiskey collectors aiming to store quality bottles long-term, additional thought and planning are necessary.
Pro Tip: When storing your whiskey, be sure to keep bottles away from sunlight, keep all bottles upright so as to not affect the cork, and make sure the storage temperature is lower than room temperature. All of these elements will ensure that your whiskey is properly secured to last for years to come, and so that less whiskey will evaporate through the cork.
Deciding on the perfect whiskey investment for you or your business can be a daunting task, especially if you're new to the world of alcoholic beverages. It's essential to seek guidance when considering whiskey investments to ensure you make the right choice. Connecting with the right companies can also pose a challenge, as many have specific preferences for how they 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!