In a move that is reflective of Tasmania’s positive small business environment, Hobart liquor institution, Cool Wine, has officially opened the doors of their new quarter-of-a-million-dollar expansion, with the increase in size of their operations showing the value of believing in business dreams.
Cool Wine, independently owned and operated by Tim Goddard and his wife Monica, was probably viewed as a slightly risky business by many of his neighbours when they first opened.
Eight years later, a doubling of size and a substantial cash investment now sees Hobart’s premium retail wine and spirit merchants champing at the bit to provide even more quality advice and assistance to discerning customers.
Speaking at the official opening, CEO of the Tasmanian Small Business Council, Robert Mallett, said that while the current retail environment poses challenges for small business investments, they can be very prosperous if carried out correctly.
“Small business confidence is alive and well in the City of Hobart,” Mr Mallet said.
“On line retailing, bulk buys, shifting regulatory sands and ever-changing consumer tastes means that any expenditure has to be well thought out and backed up with action so that the return on investment is positive.
“Expanding the operation to include a full licence enables customers to be taught more about the worlds of wines and spirits and for a fully-fledged ‘tasting experience’ to be had.”
Mr Goddard said the expansion, which includes a designated on-premise tasting bar, means Cool Wine will be able to provide a more holistic customer experience.
“It’s easy enough to pull into a bottle shop and grab a quick contribution to a friend’s barbeque but for the adult seeking a particular variety, style or blend for a quality sipping experience, the assistance we provide will ensure that our customer has the very best entertainment experience,” said Mr Goddard.
“There are so many choices in the marketplace now that purchasing a good wine can be a bit hit or miss.
“A professional supplier will have a broad range of experience of wines from around the world and will make sure that your purchase is not a gamble.”