Backbar Academy

Your complete resource for alcoholic beverage professionals. Resources, templates, guides, checklists and articles to help you provide better beverage service.

Liquor Cost

Liquor Cost

Understanding Inventory Variance in Your Bar (and How to Fix It)

Maybe the first time you learned about shrinkage was from that episode of Seinfeld, but today we're going to be talking about a different kind of shrinkage. 

 

Liquor Cost

Factors That Impact Liquor Costs

Do your liquor costs keep creeping up and you don't know where the additional costs are coming from?  Chances are they are right under your nose and you can actually take..

Liquor Cost

How to Price Draft and Bottled Beer

"Come on in!  The price (can be) right!"  Customers don't want to come to your bar thinking they're playing The Price Is Right when it comes to your beer prices. 

Liquor Cost

What is the average liquor cost for bars and restaurants? [With Video]

Who knew running a successful bar and restaurant would require so much math?

Liquor Cost

Average Restaurant Costs: Liquor, Food, and Labor

There are many costs that go into running a restaurant and while some are not controllable, others are, and taking advantage of lowering those costs will lead to a successful..

Liquor Cost

Why Setting Purchasing Budgets Are Vital to Your Restaurant

Does the thought of sitting down and creating a purchasing budget stress you out to the point that you find literally anything else to do?  Or worse, take your best guess on..

Liquor Cost

The Most Important Liquor Cost Formulas

One of the most important elements of running a successful bar is to control and maintain a low liquor cost. 

Liquor Cost

See Exactly Where to Price Wine by the Glass

Ah, the sacred wine by the glass list... In many restaurants the glass list is responsible for up to 75% of all wine sales. With gross margins on glass pours often exceeding..

Liquor Cost

How to Set Cocktail Prices for Your Bar

Everywhere we look, it seems like a new, high-level cocktail program is being offered at bars both new and old. More restaurants and bars are adding inventive cocktails to..

Liquor Cost

Are Drink Prices Right For Your Restaurant or Bar

Pricing drinks can be a tricky part of the bar business, but it doesn’t have to be. Pricing your drinks properly ensures that you are able to sustain your bar long-term, and it..

Liquor Cost

How to Calculate Liquor Cost Formulas [With Video]

A well run bar should have an alcohol cost between 18-20% of sales. It's the golden range for bar managers and beverage directors. And, like baseball players striving to have a..

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