How Much Are We Worth To A Bar?

[Bigdog]

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

[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.

[wiseguy]

Too many variables involved to make a reasonable assumption.

[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]

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

It could determine how much you should charge.

[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]

Not your income...What are you making for the bar?

[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.

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.