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2.Financial Projections

2.Financial Projections - customer on average spends 15...

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Financial Projections In order to calculate a break-even amount, the average costs of alcohol, salaries, themes, general upkeep, and licensing were averaged to formulate an average cost to charge customers to enter. A 5 dollar charge on Fridays and Saturdays will be necessary. Domestic beer will be $4, imported beer, $5, all other mixed and premium drinks $6. On average, our research shows a
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Unformatted text preview: customer on average spends 15 dollars per visit on drinks. The fixed costs of Modern Speak Easy are projected to be $225,000 per year, which include the above costs. The unit variable cost is 10 dollars. This includes any overtime needed to prepare themes, money for larger events, and any items broken or damaged goods. BEP = [FC / (P-UVC)]...
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