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User-65225

02/16/17 11:51 PM

#5209 RE: User-65225 #5206

Look at the numbers they are making per location, for just a casual place...

How much does the average bar make?

While the amount a bar can earn depends on size, location and other factors, an average bar makes between $25,000 and $30,000 a week. This is assuming average-priced drinks of $8, average main dishes of $13 and average appetizers of $6.Jan 12, 2016
Economics of Owning a Bar | Investopedia


$30,000/week X 52 = $1,560,000 per year

... and AMFE is averaging $3,500,000+ per location.

For the most recent years end, Snakes & Lattes Inc. has posted revenues of $7,370,000 CAD with gross profits of approximately $1,640,000 CAD. With Snakes & Lagers' original owner/founder Ben Castanie leading the charge, Amfil intends to expand on the current business model with new products and strategic locations as we enter 2017.