allwednesday Posted May 12, 2014 Author Share Posted May 12, 2014 Is this being applied to all diners, or just to the individuals who bring alcohol? I'd have a big problem with being charged corkage when I'm not drinking even though I may be in a group of those who are drinking. I'm happy to pay for my own drinks, but not for the privilege of others drinking theirs. You have to keep an eye on that too and check your bill read it on tripadviser he try's to pull a fast one on that too! Two of us went when he first opened decided to check the bill and his wife had applied 3 corkages ! It's nothing to do with being tight it's the principle he has a small hand written notice on the door you can barely read he should at least have the decency to but a readable notice up. Link to comment Share on other sites More sharing options...
Happ Hazzard Posted May 12, 2014 Share Posted May 12, 2014 What's the difference between charging £2.50 for you to drink your own wine and charging £4-5 for a glass of wine that probably costs the restaurant less than a fifth of that? You're paying to drink it in the restaurant. If you just want a cheap drink, drink it at home. Link to comment Share on other sites More sharing options...
allwednesday Posted May 12, 2014 Author Share Posted May 12, 2014 whats more better? 5 tables with 200% profit? 10 tables with 50% profit? do double the work for less money, doesnt take a degree in maths to work it out Your talking daft have you been on the Stella. Link to comment Share on other sites More sharing options...
confuse Posted May 12, 2014 Share Posted May 12, 2014 Your talking daft have you been on the Stella. sorry its needs a bit of maths to understand with % and all that, i will forgive you for not bright enough to know your %, when you are older and teacher teaches you % you will understand what i was on about Link to comment Share on other sites More sharing options...
megalithic Posted May 12, 2014 Share Posted May 12, 2014 sorry its needs a bit of maths to understand with % and all that, i will forgive you for not bright enough to know your %, when you are older and teacher teaches you % you will understand what i was on about Then why don't they have just one table ? Link to comment Share on other sites More sharing options...
allwednesday Posted May 12, 2014 Author Share Posted May 12, 2014 sorry its needs a bit of maths to understand with % and all that, i will forgive you for not bright enough to know your %, when you are older and teacher teaches you % you will understand what i was on about Go on then explain it to me how do you know how many people on each table 1, 2, 3 , etc you just can't put a figure on any of this to many different options! You certainly live up to your user name! have another bottle of Stella. Link to comment Share on other sites More sharing options...
Goooooogle Posted May 13, 2014 Share Posted May 13, 2014 (edited) whats more better? 5 tables with 200% profit? 10 tables with 50% profit? do double the work for less money, doesnt take a degree in maths to work it out Not sure of your working out here but lets go through this shall we? Lets say each table has 6 diners and each diner spends £ 10 on food? So by your reckoning in your second example. 50 % is profit so profit per head is £ 5 per. 6 x £ 5 = £ 30 profit per table. 10 tables = 10 x £ 30 = £ 300 In the first example , we have the same spend on food (and subsequent profit per table) but only 5 tables so we have 5 x £ 30 = £ 150 profit on food. But , each diner also spends £ 2.50 on corkage. £ 2.50 x 6 = £ 15 extra profit per table 5 tables x £ 15= £ 75 in total. This makes £ 225. So actually , in your own example , the second option is preferable. Not sure you can claim "double the work" since your overheads remain the same regardless of number of tables. Edited May 13, 2014 by Goooooogle Link to comment Share on other sites More sharing options...
mattythefish Posted May 13, 2014 Share Posted May 13, 2014 Not sure of your working out here but lets go through this shall we? Lets say each table has 6 diners and each diner spends £ 10 on food? So by your reckoning in your second example. 50 % is profit so profit per head is £ 5 per. 6 x £ 5 = £ 30 profit per table. 10 tables = 10 x £ 30 = £ 300 In the first example , we have the same spend on food (and subsequent profit per table) but only 5 tables so we have 5 x £ 30 = £ 150 profit on food. But , each diner also spends £ 2.50 on corkage. £ 2.50 x 6 = £ 15 extra profit per table 5 tables x £ 15= £ 75 in total. This makes £ 225. So actually , in your own example , the second option is preferable. Not sure you can claim "double the work" since your overheads remain the same regardless of number of tables. far too simplistic sorry, you havent factored in Vat Link to comment Share on other sites More sharing options...
allwednesday Posted May 13, 2014 Author Share Posted May 13, 2014 (edited) If he's lost my weekly spend of £45 and let's say 20 more regular customers and this is what is happening he would be far better just dropping the corkage or reducing it to £1 to win us all back! Apart from than he's not attracting people who can't afford the exta cost He would make more money having tables full more often. ---------- Post added 13-05-2014 at 08:47 ---------- far too simplistic sorry, you havent factored in Vat Are you still on the Stella ---------- Post added 13-05-2014 at 08:53 ---------- [/color] Not sure of your working out here but lets go through this shall we? Lets say each table has 6 diners and each diner spends £ 10 on food? So by your reckoning in your second example. 50 % is profit so profit per head is £ 5 per. 6 x £ 5 = £ 30 profit per table. 10 tables = 10 x £ 30 = £ 300 In the first example , we have the same spend on food (and subsequent profit per table) but only 5 tables so we have 5 x £ 30 = £ 150 profit on food. But , each diner also spends £ 2.50 on corkage. £ 2.50 x 6 = £ 15 extra profit per table 5 tables x £ 15= £ 75 in total. This makes £ 225. So actually , in your own example , the second option is preferable. Not sure you can claim "double the work" since your overheads remain the same regardless of number of tables. You need to do your calcs at £18-£20 per head at the Amjaj. Edited May 13, 2014 by allwednesday Link to comment Share on other sites More sharing options...
Goooooogle Posted May 13, 2014 Share Posted May 13, 2014 far too simplistic sorry, you havent factored in Vat Sorry but when you do profit and loss VAT is not included. My point of the calculation was to prove how stupid the post by confuse was. ---------- Post added 13-05-2014 at 09:14 ---------- If he's lost my weekly spend of £45 and let's say 20 more regular customers and this is what is happening he would be far better just dropping the corkage or reducing it to £1 to win us all back! Apart from than he's not attracting people who can't afford the exta cost He would make more money having tables full more often. ---------- Post added 13-05-2014 at 08:47 ---------- Yes remember to include the vat ---------- Post added 13-05-2014 at 08:53 ---------- You need to do your calcs at £18-£20 per head at the Amjaj. My point was to ridicule the stupid post by confuse. He just made up his figures... He was suggesting it is better to have the corkage and less diners. I am on your side if you read it. More diners with no corkage. Run at £ 20 a head the figures look even better... 6 x 20 x 10 tables and 50 % profit = £ 600 profit 6 x 20 x 5 tables and 50 % profit + 6 x 2.5 x 5 = £ 375 And no - we can leave VAT to one side please when discussing P&L. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now