Who should be viewing this site?
- Anyone who wants a return on the huge Investment they make in a Bar
If you are owner or Manager of the below please read on:
- Bar Owners
- Hotel
- Sports Club
- Restaurant
- Bottelstore
The information on this site is about giving you the bar owner control of your profits. Dont let your staff steal from you.
Bar Assessments are the ultimate tool to help you stay in control of the profit.
Just imagine that you are new to Bar ownership and you are not even aware of what Gross Profit you should get. Bar Gross Profits vary in diffrent countries but say in your country they should be 65%. That means that if your turnover is $1 million (after tax) the cost of product you sell over the bar costs you $350,000 (35%) and leaves you with $650,000 (65%GP) to pay other accounts such as rent, wages, power etc.
If you didnt know that you should get 65%, your business runs for maybe a year before you send your accounts to the accountant. The accountant takes 3 months to tell you that your GP is 55%. You have worked 15 months and lost approximately $120,000.
Your accountant may not even know that you should be getting 65% so you carry on losing approx $100,000 per annum.
Take control and do a regular Stock Takes followed by an Assessment.
If you are not sure what Gross Profit percentage you are getting just email me say 5 of your most common drinks with all the below detail being:
Brand
Size of each drink dispensed (NB This can be in litres or gallons, mls or ounces)
Cost per bottle, size of bottle and your currency (excluding taxes)
Selling price per drink (including taxes)
Brand Size dispensed Cost per bottle (excl tax) Sell price per drink (incl tax)
Jack Daniels 30ml $US 40 per 1000ml $5.00
Budwieser bottle 300ml $US1.23 $5.00
Wine by glass 180ml $US 6.79 $6.00
Tap beer 300ml $150 per 50 litre keg $4.00
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