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PIkəld Concepts

Creative Cocktail Experiences ™

Franchising / Licensing

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Spirits Market in the US

Revenue in the Spirits segment amounts to $76.428 billion in 2021. The market is expected to grow annually by 8.80% (CAGR 2021-2025).

In relation to total population figures, per-person revenues of $229.57 are generated in 2021.

By 2025, 52% of spending and 23% of volume consumption in the spirits segment will be attributable to out-of-home consumption (bars and restaurants).

In the spirits segment, the volume is expected to amount to 2,036.9ML by 2025. The market for Spirits segment is expected to show a volume growth of 2.2% in 2022.

alcohol consumers by income
alcohol consumers by age / generation
real estate

Lower buildout costs than a typical restaurant or bar through use of:

  • Small space footprint
  • Unused spaces
  • Options for shared spaces
cost of goods

Competitive pricing, 80/20 bar to food mix, Menu efficiency/versatility using:

  • Flexible food options
  • Shared ingredients
  • Seasonal changes
labor

Small day-to-day staffing model with large labor pool, Lower turnover than typical restaurant or bar, Staffing model is:

  • Tipped
  • Multi-position
  • Part-time
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icon - Pikeld Concepts

Pɪkəld Concepts

Creative Cocktail Experiences ™

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