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Danko's wine list is so overpriced that it absolutely makes sense to pay the $35 corkage unless you have money to burn.
Some great examples on Châteauneuf-du-Pape. I bought the 2000 for $45 from Premier Cru, and the 2003 for $55 just a few months ago.
Château de Beaucastel 2003 225
Château de Beaucastel 2000 270›3 Replies-
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re: MikeW
There really isn't a "standard" markup. Restaurants do what is right for themselves. You should expect see a higher markup and to pay more at a restaurant like Mina or Danko and less at a Macaroni Grill. Even so, most saavy restaurants don't use a categorical margin or markup. You start off with a basic markup and then adjust to market - it's like that in most any business.
For example, on the Mina list, just taking a peek. The 2003 Phelps Insignia is $595. That wine is about $80 wholesale. That wine is $350 at Danko. You probably have a bunch of silly midwesterners stay at the St. Francis hotel, drop by Mina, see the 2003 Insignia (thinking it was the WS WOY) and jump all over it.
There is a cost associated with maintaining a cellar and a sommelier staff - and guess what? the consumer pays that cost. Restaurant people aren't in the business just to feed you and not make a profit.
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