Start A Beverage Company
TL;DR:
- Based on our data, beverage companies can make between $500-$12,000,000 per month.
- The average revenue for a successful beverage company is $1.48M per month.
- The highest grossing beverage company in our records makes over $144,000,000 per year.
- beverage company owners salaries can vary wildly depending on industry, niche, and size of the business
So you're thinking about starting a beverage company?
And now you're wondering how much beverage company owners actually make...
Well, let’s dive in!
Here are example of real beverage companies and how much money they make - as reported by the founders themselves:
1. BrüMate ($144M/year)
- Dylan Jacob, founder of BruMate, came up with the idea for his unique insulated drinkware brand after a frustrating search for a koozie that worked with his can of choice.
- He launched his first product line in November 2016 and has since experienced impressive growth (with over $1.1 million in monthly sales)
- Jacob's ability to pivot and adapt his business strategy has been key to his success.
How much money it makes: $144M/year
2. BeatBox Beverages ($132M/year)
Justin Fenchel, co-founder and CEO of BeatBox Beverages, came up with the idea to create a party version of boxed wine with his friend Brad Schultz. They noticed the popularity of boxed wine like Franzia, but realized people weren't buying it for the taste, but for the affordability and convenience. Inspired by flavored malt beverages, they decided to create a fun flavored version of boxed wine for millennials. After testing their product at parties and receiving positive feedback, they knew they were onto something. With no prior alcohol industry experience, they navigated the complex laws and manufacturing process to bring their unique product to market. Since launching, they have grown their sales to $2.4 million in 2018 and hit $2 million in revenue in 2019.
How much money it makes: $132M/year
3. Auric ($3.6M/year)
After a backbone fracture led him to explore yoga and Ayurveda, the founder of Auric had a lightbulb moment to make Ayurveda more convenient and aspirational for others. With a background in consumer brands from his time at Unilever, he launched Auric as a beauty and wellness brand based on Ayurveda, creating 100% natural and low-calorie beverages that offer visible benefits. With already selling 150k bottles monthly, the future looks bright for Auric as they aim to penetrate more consumers in India, the US, and the UK.
How much money it makes: $3.6M/year
4. Plum Deluxe Tea ($900K/year)
Andy Hayes, the founder of Plum Deluxe, started off with a blog and a desire for a more fulfilling career. After generating traffic and revenue through display ads and affiliate relationships, Andy decided to launch his own product. Drawing on his love for tea and missing the flavors from Europe, he partnered with a tea farmer's market booth to create unique tea blends. Through launching his business with a built-in market and strategic marketing efforts, Plum Deluxe has grown to become one of the largest tea subscription boxes, on track to hit 7-figure annual revenue.
How much money it makes: $900K/year
5. Tolago ($816K/year)
In December 2019, Nicholas Greeninger and a group of like-minded individuals came together to create Tolago Hard Seltzer, a better-for-you, all-natural hard seltzer. Despite the challenges posed by the COVID-19 pandemic, Tolago pushed ahead and launched their product in October 2020, generating impressive results with over 68,000 unique website visitors and $220,000 in revenue by December 2020. Their unique approach of pre-selling brand awareness and aligning with a major wholesaler contributed to their success.
How much money it makes: $816K/year
6. Bodega Bay Hard Seltzer ($696K/year)
Charlie Markland, the founder of Bodega Bay hard seltzer, came up with the idea for his business after realizing that the dominant consumer trends of convenience and wellness were not being met by the current alcoholic offerings in the market. He discovered hard seltzer while on a surf trip to Bodega Bay in California and decided to bring the concept back to the UK, creating a low-calorie, low-sugar sparkling water-based alcoholic drink. After testing the product at music festivals and seeing its popularity, Markland knew he had a winning idea, and Bodega Bay is now the premium hard seltzer in the UK, making over $50,000 a month after just 18 months in business.
How much money it makes: $696K/year
7. Eli Mason ($540K/year)
Christopher bought this business from the original founder in 2017 after he fell in love with their products at local bottle shops. He was struggling to make a good co*cktail on his own, and this was the first one his wife also loved!
How much money it makes: $540K/year
8. Simple Green Smoothies ($360K/year)
Jen Hansard, the co-founder of Simple Green Smoothies, came up with the idea when she stumbled upon an article about boosting the immune system with green smoothies. After experiencing the health benefits firsthand, she started sharing recipes on Instagram and her blog, which eventually turned into a successful business generating as much as $30,000 a month in revenue.
How much money it makes: $360K/year
9. TopWhiskies ($210K/year)
Ed, one of the co-founders of TopWhiskies, came up with the idea for the business while working in Financial Services in Hong Kong. He and his best friend Evan started a whisky blog as a hobby, focusing on social media to connect with fellow whisky enthusiasts. As they posted about unique independent whisky brands, their followers began asking where they could purchase these brands, leading them to launch an eCommerce site specializing in independent whiskies. With over 100,000 followers on Instagram and nearly 10,000 subscribers on YouTube, the eCommerce site has seen a monthly turnover of around $17,500 and continues to grow.
How much money it makes: $210K/year
10. Brine Brothers ($120K/year)
Harris Derner came up with the idea for Brine Brothers when he realized that drinking pickle juice cured his hangovers in 2015. Unable to find a drinkable pickle brine on the market, Harris and his friend Michael Belicose decided to start their own business. With a total investment of $11,000 in 2016, they now generate over $10,000 per month and have recently won an investment from Barstool and Jon Taffer, determined to make Brine Brothers a million-dollar beverage company.
How much money it makes: $120K/year
