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My Own Clubnight - Good Deal or Bad Deal
Hey, i'll keep this to the point....where in my structure am i getting good or bad deal ?
I own a multi-venue clubnight, and have done for the last 6 years. I do all the work myself inc being the sole DJ. I do each venue 7 times per year.
Americans: £1 is about $1.3 these days.
Venue 1
300 Capacity
Always a Sell Out
£5 Entry
£1500 Takings
Show Costs £250
£1250 Profit
HOWEVER the venue wants 50% of the profit up to a maximum of £500.
£750 Net Profit (if the usual sell-out)
I know they are making circa £8k off the bar when im there....by far their biggest repeat earner.
Venue 2
380 Capacity
circa 320 people
£5 Entry
£1600 Takings
Show Costs £275
£1325 Profit
HOWEVER the venue only wants £150 hire.
£1175 Net Profit.
again, by far, that venues biggest repeating bar earner.
Venue 3
300 Capacity
circa 275 people
£6 Entry
£1650 Takings
Show Costs £275
£1375 Profit
HOWEVER the venue wants £300 hire.
£1075 Net Profit.
Not sure if im the biggest repeating bar earner, but couldnt be too far off.
For my hire fee i get... Ready to Go venue with sound and lights, Door Person, Bar Staff, Bar Stocked, Sound Tech, Security.
Am i getting strong deals considering what im bringing in terms of bar sales with zero risk on the venues part ? I think i am, but i have very little friends in the same position as me to discuss. However, i did hear through the grapevine that a band in venue 1 was given free hire as it was a guaranteed sell-out....which annoyed me slightly.
Thoughts welcome.....
Marty
Last edited by Marty McFly; 02-16-2017 at 04:02 AM.
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