Issue: December 15, 2008
Anatomy of a Markup Your coverage on wine price markups in restaurants was insightful ( cover story, Aug. 31 ). But customers should realize that markups are based on product cost plus overhead costs. Real estate and its associated rents and taxes can escalate, depending on what city the restaurant is in.
For the full article, check out the new issue of Wine Spectator, on newsstands November 17, 2008.