Archive for October 29th, 2008

Gaucho Grill wine rip-off rages on

Wednesday, October 29th, 2008

I’ve written before about the rip-off wine mark-ups at the Gaucho Grill (branches in London and Manchester).

Although the wine is outrageously priced, I do pop in occasionally for a top class steak.  And so last week saw me in the Manchester restaurant.  I thought it would be interesting to revisit the wine prices.

In my post of March 2007, I benchmarked a bottle of Susana Balbo Malbec (excellent stuff) at an eye watering mark-up of 250%.  The bottle, available at the time from the Wine Society at £11.95, was marked up to £42.

Time to check out the latest prices.  I checked the Wine Society website and, fair play, it is in stock and still £11.95.  Inflation rate = 0%.

When I checked out the Gaucho Grill wine list, the price has inflated by a Graf Zeppelinistic 22.6% to £51.50.  This now makes the mark-up (against retail price, and one assumes that Gaucho can buy much cheaper) a groin kicking 331%.  By far the highest I have ever seen in any restaurant.

The matured meat may be superb, but I would rather cut my pupils out with a serrated steak knife, than pay these prices.

By all means eat at the Gaucho, but when it comes to wine, just say “NO”.