Liquor Pour Cost Calculator

Liquor Pour Cost Calculator. The pour cost app does that math for you, without the need to type anything in. First, enter your bottle size and bottle cost.

Drink Price Tool BevSpot from app.bevspot.com

Here's the formula for finding cost per ounce of liquor: How to calculate liquor cost. So one ounce of belvedere costs you.79 cents.

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We also calculate an ideal pour cost for every category (liquor, wine, beer bottles, draft) which shows our client what their pour cost really should be each month. Average pour costs for the restaurant industry.

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In order to figure the pour cost %, we must know the wholesale cost and retail price of a product, which is easy, but you must make sure to use the same quantity for both. Having a liquor cost at 37.5% is significantly high.

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In the background, the calculator figures a 7% waste amount and spits out the appropriate cost percentage. If your beverage cost percentage is too far off, it can highlight problems in the management of.

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How does beverage cost impact your profit? How to use the pour cost calculator.

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Price the drink by taking the cost of your ingredients and dividing by the target pour cost. The average pour cost that most bar operators strive for is generally between 18% and 24%.

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Beverage cost impacts your profits in a big way. In order to figure the pour cost %, we must know the wholesale cost and retail price of a product, which is easy, but you must make sure to use the same quantity for both.

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This represents the revenue your business brought in from selling beverages assigned to a liquor sales category. At most bars and restaurants, the average pour cost is generally between 18 and 24%.

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How to calculate liquor cost. Here’s how we now determine how to price a 16 oz.

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Retail value = 22.5 x $9 = $202.50. Beverage cost impacts your profits in a big way.

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Wholesale cost ($38) ÷ retail value ($202.50) x 100 = 18.77%. In other words, figure the cost and price.

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Identify your most (and least) profitable offerings. If your bar stocks belvedere in 750ml bottles, and you pay $20 per bottle then here is your cost per ounce:

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The drink total is currently $4.90 with the drink cost and garnish cost combined. So, in this example, you're in a good position with a 21% liquor cost.

This Makes For Taxing Math That We’d All Rather Not Do.

Some bars might set their pour cost based upon the type of drink. Identify your most (and least) profitable offerings. Then adjust your ideal pour cost to liquor cost percentage and menu pricing.

Now Go Back To The Original Formula And Simply Plug The Numbers In:

The formula for figuring pour cost percentage for a single product is simple: Calculating your liquor cost is accomplished by dividing the value of the product used by the sales of that product for a particular time period. Price the drink by taking the cost of your ingredients and dividing by the target pour cost.

That Is, The “Average” Bar Has A Pour Cost Of 20%.

In the background, the calculator figures a 7% waste amount and spits out the appropriate cost percentage. Price out your menu to understand the profitability of every drink you serve. Desired cost % = 20%.

To Figure Out Pour Cost For Your Entire Bar’s Inventory You Can Use This Calculation:

We also calculate an ideal pour cost for every category (liquor, wine, beer bottles, draft) which shows our client what their pour cost really should be each month. In addition, you can use the second tab of the free tool to calculate the liquor cost of specific drinks depending on product cost, portioning and sale price. Fill out the form on the right (below on mobile) to download your free bar inventory spreadsheet.

The Average Bar Industry Pour Cost Is Between 18% And 24%.

If you need custom glassware sizes and want to figure out your entire draft list simultaneously, we will have a pro version. Cost percentage (based on glass size) these results show for the standard glass sizes of 16, 12, 10, and 20 oz. Beverage cost impacts your profits in a big way.