One SB restaurant, Opal, is actually selling off some of their inventory. Additionally, they have even created a gofiundme page to ask for financial help in compensating their employees during layoff time. Itâs a great heartwarming read Opal and OKU Employee Relief Fund, organized by Richard Yates
Picked up a couple good things at Empire State South in ATL - '15 Dauvissat Chablis La Forest for $82, & '09 Prum Bernkasteler Badstube Auslese $46! He as pimping some '00 half bottles of Cristom reserve pinot noir for $22, too, among other interesting things. I think they blew threw quite a bit pretty quickly. Happy to help them get some cash flow!
Sadly these deals will get significantly better as many smaller restaurants will get into financial distress. In crisis, people donât sell what they want to sell as there is no market for it. They sell what they can sell. In this case, many restaurants have a lot of cash tied up in their wine collection. Only other assets they may have is the furniture and kitchen equipment. As someone said earlier, even at 50% off sales, they are able to break even on what is invested in wine.
If you have a favorite restaurant, it would be great to support them at this time. If you are looking for great wine deals, just wait as they will get much better. For those that may want to expand their wine collection by a decent amount, you could proactively contact a restaurant and work a private deal with them to buy a significant amount of wine from them at a very discounted price.
Doing Manresa take-out tomorrow evening. The sommelier suggested bottle pairing with dinner was $45 so we added that on. Wonât know the bottle until we pick up tomorrowâŚ