rich and famous bar conven
DESCRIPTION
Phil Duff's presentation "Rich & Famous" held at BCB 2008 (www.barconvent.com)TRANSCRIPT
“He is a gentleman who is all ablaze with diamonds.
“He is a gentleman who is all ablaze with diamonds. There is a ...cluster in front of his shirt, diamond studs
at his wrists and gorgeous diamond rings on his fingers, diamonds being “properties” essential to the
calling of a bar-tender in the United States”
“He is a gentleman who is all ablaze with diamonds. There is a ...cluster in front of his shirt, diamond studs
at his wrists and gorgeous diamond rings on his fingers, diamonds being “properties” essential to the
calling of a bar-tender in the United States”
Description of Jerry Thomas in 1863
US vice-president in 1863:
US vice-president in 1863: $50,000 per year
US vice-president in 1863: $50,000 per year
Jerry Thomas in 1863:
US vice-president in 1863: $50,000 per year
Jerry Thomas in 1863: $50,000 per year
US vice-president in 1969:
US vice-president in 1969: $100,000 per year
US vice-president in 1969: $100,000 per year
Singles-bar bartender in 1969:
US vice-president in 1969: $100,000 per year
Singles-bar bartender in 1969: $50,000 per year
Rich & Famous:Step 1: Getting Rich
1. Buy A Bar
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 90
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 9010% increase: 9
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 9010% increase: 9 x 3 bartenders: 27
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 9010% increase: 9 x 3 bartenders: 27 x 56 hours per week: 1512
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 9010% increase: 9 x 3 bartenders: 27 x 56 hours per week: 1512 x 52 weeks per year: 78624
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 9010% increase: 9 x 3 bartenders: 27 x 56 hours per week: 1512 x 52 weeks per year: 78624 x €3 per drink: €235,872
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 9010% increase: 9 x 3 bartenders: 27 x 56 hours per week: 1512 x 52 weeks per year: 78624 x €3 per drink: €235,872 x 4.2 years
Rich & Famous:Step 1: Getting Rich
2. Sell Drinks Faster
Average drinks-per-hour-per-bartender: 9010% increase: 9 x 3 bartenders: 27 x 56 hours per week: 1512 x 52 weeks per year: 78624 x €3 per drink: €235,872
x 4.2 years €1,000,000
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
versus: 30 cocktails @ €9,50 = €285
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
versus: 30 cocktails @ €9,50 = €285Increase: €15 per bartender per hour
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
versus: 30 cocktails @ €9,50 = €285Increase: €15 per bartender per hour x 3 bartenders: €45
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
versus: 30 cocktails @ €9,50 = €285Increase: €15 per bartender per hour x 3 bartenders: €45 x 56 hours per week: €2520
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
versus: 30 cocktails @ €9,50 = €285Increase: €15 per bartender per hour x 3 bartenders: €45 x 56 hours per week: €2520 x 52 weeks per year: €131,040
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
versus: 30 cocktails @ €9,50 = €285Increase: €15 per bartender per hour x 3 bartenders: €45 x 56 hours per week: €2520 x 52 weeks per year: €131,040 x 7.5 years
Rich & Famous:Step 1: Getting Rich
3. Sell Better Drinks
Average drinks-per-hour-per-bartender:90 drinks @ €3 = €270
versus: 30 cocktails @ €9,50 = €285Increase: €15 per bartender per hour x 3 bartenders: €45 x 56 hours per week: €2520 x 52 weeks per year: €131,040
x 7.5 years €1,000,000
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Average drinks-per-hour-per-bartender: 30
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Average drinks-per-hour-per-bartender: 3010% increase: 3
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Average drinks-per-hour-per-bartender: 3010% increase: 3 x 3 bartenders: 9
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Average drinks-per-hour-per-bartender: 3010% increase: 3 x 3 bartenders: 9 x 56 hours per week: 504
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Average drinks-per-hour-per-bartender: 3010% increase: 3 x 3 bartenders: 9 x 56 hours per week: 504 x 52 weeks per year: 26208
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Average drinks-per-hour-per-bartender: 3010% increase: 3 x 3 bartenders: 9 x 56 hours per week: 504 x 52 weeks per year: 26208 x €9,50 per drink: €248,976
Rich & Famous:Step 1: Getting Rich
4. Sell Better Drinks Faster
Average drinks-per-hour-per-bartender: 3010% increase: 3 x 3 bartenders: 9 x 56 hours per week: 504 x 52 weeks per year: 26208 x €9,50 per drink: €248,976
x 4 years €1,000,000
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Costprice ingredients Vodka-Red Bull: €2,09
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Costprice ingredients Vodka-Red Bull: €2,09Selling price: €7,00
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Costprice ingredients Vodka-Red Bull: €2,09Selling price: €7,00Profit: €4,91
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Costprice ingredients Vodka-Red Bull: €2,09Selling price: €7,00Profit: €4,91
Costprice ingredients Espresso Martini:
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Costprice ingredients Vodka-Red Bull: €2,09Selling price: €7,00Profit: €4,91
Costprice ingredients Espresso Martini: €1,17
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Costprice ingredients Vodka-Red Bull: €2,09Selling price: €7,00Profit: €4,91
Costprice ingredients Espresso Martini: €1,17Selling price: €7,00
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a)
Costprice ingredients Vodka-Red Bull: €2,09Selling price: €7,00Profit: €4,91
Costprice ingredients Espresso Martini: €1,17Selling price: €7,00Profit: €5,83
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37Premium gin (Plymouth): €0,42
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37Premium gin (Plymouth): €0,42Single-malt Scotch (Macallan 12): €1,05
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37Premium gin (Plymouth): €0,42Single-malt Scotch (Macallan 12): €1,0523-year-old rum: €1,11
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37Premium gin (Plymouth): €0,42Single-malt Scotch (Macallan 12): €1,0523-year-old rum: €1,11 10-year-old bourbon: €1,13
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37Premium gin (Plymouth): €0,42Single-malt Scotch (Macallan 12): €1,0523-year-old rum: €1,11 10-year-old bourbon: €1,13 VSOP cognac (Rémy-Martin): €1,14
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37Premium gin (Plymouth): €0,42Single-malt Scotch (Macallan 12): €1,0523-year-old rum: €1,11 10-year-old bourbon: €1,13 VSOP cognac (Rémy-Martin): €1,14 Premium, rare tequila: €1,65
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (b)
Cost price (ex. VAT) per 3cl:
Premium vodka (Absolut): €0,37Premium gin (Plymouth): €0,42Single-malt Scotch (Macallan 12): €1,0523-year-old rum: €1,11 10-year-old bourbon: €1,13 VSOP cognac (Rémy-Martin): €1,14 Premium, rare tequila: €1,65 “Super-premium” vodka : €1,98
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a) and (b)
Saving (higher margin / cheaper ingredients): €00,60
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a) and (b)
Saving (higher margin / cheaper ingredients): €00,60 x 90 drinks per hour per bartender: €54
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a) and (b)
Saving (higher margin / cheaper ingredients): €00,60 x 90 drinks per hour per bartender: €54 x 3 bartenders: €162
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a) and (b)
Saving (higher margin / cheaper ingredients): €00,60 x 90 drinks per hour per bartender: €54 x 3 bartenders: €162 x 56 hours per week: €9,072
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a) and (b)
Saving (higher margin / cheaper ingredients): €00,60 x 90 drinks per hour per bartender: €54 x 3 bartenders: €162 x 56 hours per week: €9,072 x 52 weeks per year: €471,744
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a) and (b)
Saving (higher margin / cheaper ingredients): €00,60 x 90 drinks per hour per bartender: €54 x 3 bartenders: €162 x 56 hours per week: €9,072 x 52 weeks per year: €471,744 x 2 years:
Rich & Famous:Step 1: Getting Rich
5. Sell More Profitable Drinks (a) and (b)
Saving (higher margin / cheaper ingredients): €00,60 x 90 drinks per hour per bartender: €54 x 3 bartenders: €162 x 56 hours per week: €9,072 x 52 weeks per year: €471,744
x 2 years: €1,000,000
Rich & Famous:Step 1: Getting Rich
RRR
Rich & Famous:Step 2: Getting Famous
Drinks guests will Re-order
RRR
Rich & Famous:Step 2: Getting Famous
Drinks guests will Re-order
An atmosphere guests will want to Return to
RRR
Rich & Famous:Step 2: Getting Famous
Drinks guests will Re-order
An atmosphere guests will want to Return to
A bar guests will Recommend to their friends
RRR
Rich & Famous:Step 2: Getting Famous
Thank you very much for your attention!
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