Many of our clients despise reading and just want “the bottom line.” Here it is:
Measurement Equivalents
750 mL bottle = 25.4 ounces
dash = 02 ounces
tsp. = .16 ounces
Tbs. = .48 ounces
Target pour cost = Cost of Ingredients/Retail sales price of drink = 18% – 24%
In calculating drink costs, be sure to include all of your key Ingredients
mixers
garnishes
alcohol
(entertainment) If you have a band or other entertainments, you should include these extra costs into your drink costs for these events.
Typical Mark-up Targets
Wine – 300% by the bottle; 400% by the glass
Liquor – 400% – 500%
Draft Beer – 400%
Bottled Beer – 300% – 400%
Premium Pricing – the price does not have to be the same every day
Drink prices can be higher on nights the bar offers a band, KJ or DJ.
Drink prices can be higher when prepared and served with flair – charge for the personalized attention and entertainment.
Food: High Profit Menu Items and Typical Profit Margins
Pasta – 600% -1,000% mark up
Pizza – Up to 800% mark up
Risotto – 600% – 1,000% mark up
Salads – Up to 800% mark up
Eggs – 500% mark up
Other Revenue Sources for Bars and Clubs:
Gaming or coin operated amusement
Lottery/Lotto
Tobacco
Cover charges
Private room/party charges
Look-up Chart for Determining your Alcohol Costs
Price for 750 mL Bottle | Cost per oz | Cost 1.5 oz pour | Cost 2 oz pour |
$10.00 |
$ 0.39 |
$0.59 |
$0.79 |
$11.00 |
$ 0.43 |
$0.65 |
$0.87 |
$12.00 |
$ 0.47 |
$0.71 |
$0.94 |
$13.00 |
$ 0.51 |
$0.77 |
$1.02 |
$14.00 |
$ 0.55 |
$0.83 |
$1.10 |
$15.00 |
$ 0.59 |
$0.89 |
$1.18 |
$16.00 |
$ 0.63 |
$0.94 |
$1.26 |
$17.00 |
$0.67 |
$1.00 |
$1.34 |
$18.00 |
$ 0.71 |
$1.06 |
$1.42 |
$19.00 |
$ 0.75 |
$1.12 |
$1.50 |
$20.00 |
$ 0.79 |
$1.18 |
$1.57 |
$21.00 |
$0.83 |
$1.24 |
$1.65 |
$22.00 |
$0.87 |
$1.30 |
$1.73 |
$23.00 |
$ 0.91 |
$1.36 |
$1.81 |
$24.00 |
$0.94 |
$1.42 |
$1.89 |
$25.00 |
$0.98 |
$1.48 |
$1.97 |
$26.00 |
$1.02 |
$1.54 |
$2.05 |
$27.00 |
$1.06 |
$1.59 |
$2.13 |
$ 28.00 |
$1.10 |
$1.65 |
$2.20 |
$ 29.00 |
$1.14 |
$1.71 |
$2.28 |
$ 30.00 |
$1.18 |
$1.77 |
$2.36 |
$32.00 |
$1.26 |
$1.89 |
$2.52 |
$32.00 |
$1.26 |
$1.89 |
$2.52 |
$33.00 |
$1.30 |
$1.95 |
$2.60 |
$34.00 |
$1.34 |
$2.01 |
$2.68 |
$35.00 |
$1.38 |
$2.07 |
$2.76 |
$36.00 |
$1.42 |
$2.13 |
$2.83 |
$37.00 |
$1.46 |
$2.19 |
$2.91 |
$38.00 |
$1.50 |
$2.24 |
$2.99 |
$39.00 |
$1.54 |
$2.30 |
$3.07 |
$40.00 |
$1.57 |
$2.36 |
$3.15 |
$41.00 |
$1.61 |
$2.42 |
$3.23 |
$42.00 |
$1.65 |
$2.48 |
$3.31 |
$43.00 |
$1.69 |
$2.54 |
$3.39 |
$44.00 |
$1.73 |
$2.60 |
$3.46 |
$45.00 |
$1.77 |
$2.66 |
$3.54 |
$46.00 |
$1.81 |
$2.72 |
$3.62 |
$47.00 |
$1.85 |
$2.78 |
$3.70 |
$48.00 |
$1.89 |
$2.83 |
$3.78 |
$49.00 |
$1.93 |
$2.89 |
$3.86 |
$50.00 |
$1.97 |
$2.95 |
$3.94 |