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Thread: My Own Clubnight - Good Deal or Bad Deal

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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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