I am posting this so it can be critiqued. It is based on a few assumptions that are not common in the industry. 5 dollar cover, 10 dollar pvt dance, no hustle to dance since the pvt dance revenue is shared. There a lot of premises that I have not mentioned, like the corporate tax structure and financial details of the tax and legal situation. I also did not detail a big chunk of misc. But I think you can get the general idea.
Pro forma Per Night Owner Operated SC based on 100 customers per evening.
Each of the employees is an owner of the club. All the earnings to include Pvt dancer earnings are banked and split at the end of the month.
Private dances and VIP are paid for at the bar and the only tipped income is what is tipped in the VIP room.
Owner/Employees
Ten dancers
Two General Managers
Two security/Assistant Mgrs.
Two bartenders/Assistant Mgrs.
Cover $5.00 - $500.00
Drinks Juice [email protected] $3.00 $600.00
VIP Room Charge $10.00 $2000.00
Pvt Dance revenue 6 dances each custy at $10.00 - $6000.00
Total revenue per night
$9100.00
Costs Per Day
Lease $200.00
Utilities, phone etc. $100.00
Drinks etc. $100.00
Insurance $50.00
Legal fees $50.00
Maint $20.00
Misc $480.00
Total costs to include DJ $1000.00
Total income $8100.00 per night
Divided by 16 owner/employees $506.25
Times 5 days a week $2531.25 per week or 50 weeks per year $125,562. Per year. After taxes 70 or 80 a year.



Reply With Quote
)

Bookmarks