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How Much Are We Worth To A Bar?

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How much does one average karaoke night gross a year for a bar?

$30,000
2
50%
$40,000
0
No votes
$50,000
1
25%
$60,000
0
No votes
$70,000
1
25%
$80,000
0
No votes
$90,000
0
No votes
$100,000
0
No votes
 
Total votes: 4

Bigdog
Posts: 2937
Joined: Wed Jan 31, 2007 2:15 am

How Much Are We Worth To A Bar?

Post by Bigdog »

It doesn't matter if it's a weeknight or weekend. Just average it out.


Sabrina59
Posts: 468
Joined: Wed Feb 04, 2009 6:05 pm
Location: Arkansas

Post by Sabrina59 »

Is this information usually shared with the KJ? Frankly, I don't have a clue what the Deli makes on karaoke nights. The owner has stated that our nights are her busiest nights, though.
Sabrina the Cat
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wiseguy
Site Admin
Posts: 1906
Joined: Wed Aug 18, 2004 5:05 pm
Location: WV

Post by wiseguy »

Too many variables involved to make a reasonable assumption.
Bigdog
Posts: 2937
Joined: Wed Jan 31, 2007 2:15 am

Post by Bigdog »

Assuming that there could be a few off nights because of local events like carnivals, sporting events, concerts, fireworks, parades....

I estimate that my average is $50,000. That's only $1000 a week. I think I could be low but that's my average guess. That eguals 100 people spending $10 a night.

What does an average person spend on a night out?

Using the $50,000 figure...am I worth $10,000 of that? Does that seem fair?
Bigdog
Posts: 2937
Joined: Wed Jan 31, 2007 2:15 am

Post by Bigdog »

You really should come up with an answer to this question.

It could determine how much you should charge.
DanG2006
Posts: 1498
Joined: Sun Jan 01, 2006 8:37 pm
Location: USA

Post by DanG2006 »

Not looking to do this fulltime so there isn't a number up there that would match what I would expect to get. This isn't my main source of income nor do I want it to be.
Bigdog
Posts: 2937
Joined: Wed Jan 31, 2007 2:15 am

Post by Bigdog »

Not your income...What are you making for the bar?
Bigdog
Posts: 2937
Joined: Wed Jan 31, 2007 2:15 am

Post by Bigdog »

That's why I would do karaoke 7 nights a week if I owned a bar. The karaoke crowds are pretty loyal to the bar.

7-$50,000 nights I could handle. :wink:

There wouldn't be too many ups and downs like there would be doing different bands. Or other entertainment nights.

If you built a nice core crowd you'd have it made.
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