What expenses does the Club have, besides staffing and alcohol?
The cost of the products sold and the labour are by far the two most significant expenses at the bar. However, there are a number of other expenses as well …. rent, insurance, auditing fees, entertainment (this includes DJ equipment and music), and regular maintenance of club property. Rent is the most significant of these, and is set at around $32,000 this year for the main bar area and solarium rentals (this includes utilities). Insurance (liability and otherwise) amounts to over $12,000 per year. The rest of the items on that list amount to perhaps another $15,000-20,000 per year, and as well, there are lot of other minor expenses such as glassware, bar supplies, bank charges, etc.