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Bar-i Liquor Inventory Blog

How to capture 3-6% of your bar sales as profits

This three-minute video blog explains how you can capture an additional 3-6% of your bar's beverage sales as profits by significantly reducing shrinkage and turning some of those losses into retail sales. 

This video uses an example of a bar with $50k in monthly sales and a 20% liquor cost to explain how the typical 15% shrinkage that bars experience costs the bar $1500 per month in losses. By providing your bartenders with regular feedback you can reduce losses to less than 5% and in turn generate more sales. 



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Topics: Liquor Cost, Bar Inventory, Organization, Bar Technology, Bar Industry, Profitability, Counting Inventory, Bar Operations, Inventory Shrinkage, points of differentiation

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