Cost and Return on Investment Analysis for BP Scoreboard Bar Edition
Initial Investment and Recurring Costs:
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Initial Setup Fee:
- One-time Investment: $1000
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Ongoing Game Costs:
- BP Scoreboard Fee: $2 + 10% of the game fee per game
- Suggested Game Fee: $10 per game to customers
Revenue Calculation:
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Daily Revenue from Games:
- Average Games Per Night: Let’s consider an average of 10 games per night
- Revenue per Game: $10 (customer fee per game)
- Daily Gross Revenue: 10 games × $10 = $100
- BP Scoreboard Fee per Game: $2 + ($10 × 10%) = $3
- Total Daily BP Scoreboard Fee: 10 games × $3 = $30
- Net Daily Revenue from Games: $100 – $30 = $70
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Monthly and Annual Revenue from Games:
- Operating Days Per Month: Assuming an average of 25 operating days per month.
- Monthly Net Revenue from Games: $70 × 25 days = $1,750
- Annual Net Revenue from Games: $1,750 × 12 months = $21,000
Additional Revenue from Increased Business:
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Increased Customer Visits and Spending:
- Estimated Increase in Patron Visits: 10% new customers + 15% increase in repeat visits
- Increased Spending on Food/Drinks: Average 10% increase per patron
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Calculating the Incremental Revenue:
- Assume the average spending per patron (excluding the game fee) is $20.
- Incremental Revenue per Patron: $20 × 10% = $2 extra per patron
- Average Patrons per Night: Let’s assume 50 patrons on an average night.
- Daily Incremental Revenue: 50 patrons × $2 = $100
- Monthly Incremental Revenue: $100 × 25 days = $2,500
- Annual Incremental Revenue: $2,500 × 12 months = $30,000
Total Potential Revenue:
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Total Monthly Revenue:
- Games: $1,750
- Additional Patron Spending: $2,500
- Total: $4,250 per month
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Total Annual Revenue:
- Games: $21,000
- Additional Patron Spending: $30,000
- Total: $51,000 per year
100% Money-Back Guarantee:
- We offer a 100% money-back guarantee for added peace of mind. If the BP Scoreboard Bar Edition doesn’t meet your expectations, we will refund your initial investment.
Conclusion:
The BP Scoreboard Bar Edition presents a promising opportunity for significant additional revenue, both directly through the game and indirectly through increased patronage and spending. The monthly potential of around $4,250 and an annual potential of about $51,000 highlight the substantial financial benefits that could be realized by your establishment.
Apply today to join our exclusive pilot program.
Note: These calculations are estimates based on the provided data and assumptions. Actual results can vary based on numerous factors such as location, customer demographics, and market conditions. It’s recommended to adjust these numbers based on specific bar circumstances and to consult with a financial advisor for precise projections.