Vikingrage
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Vikingrage25 karma
Mind you it gets a bit more complex than that.
Say that the keg costs £100 from the vendor then, as /u/loharpeo says, you get a profit of £3,87 per £5 pint. BUT that isn't the true profit when the keg costs £100 to buy.
After the £1,33 per pint (£100/88pint) then you need to add the budget costs which includes electricity, rent, taxes, down payment and value reduction on equipment, workers payment, (buying inn kegs but exempted her to make it simple) and so forth. Then you'll get the budget cost added per pint which gives you what you need to sell each pint for just to get the budget to go even (not lose money). Say it's £3 to make it simple.
If you then sell a pint for £5 you get a profit of (5-3) £2 per pint. Parts of the profit should be invested into the bar to give it more economic strength (liquid assets and more equipment if needed). And if you haven't paid yourself as part of the budget you need to take parts of the profit out to cover your own living expenses...(not sure of the term in English. Here it is taxed different than workers wages but YMMV).
Budget costs per pint will always go a bit up since it depends on a lot of factors which again affects the profit margins.
Vikingrage9 karma
Cheers, that tip on writing is something I'll keep in mind for later (school in the way first)! I'm working on the drinking, expensive with whisky though.
I can't stand the heat but I guess it's good I'm in the colder place. Ice, ice, baby. Still don't trust a scorpion but I'll be sure to have my stomping feet ready when visiting.
Steak it is!
Vikingrage6 karma
From a Norwegian with relatives who sailed the North Sea during Second World War: thank you for your service. The sea is often forgotten as the battlefield it was...
Vikingrage42 karma
Hey, love your snaps, hope you son is doing better? Specific questions:
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