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Use Backbar's free pour cost calculator to find drink costs, set ideal pour costs, and see suggested menu prices.
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How do you calculate liquor cost?
How do you calculate a drink price?
What is liquor cost?
How much does a 25 ounce bottle of liquor cost?
Use BevSpot’s free online drink pricing tool to make sure you are setting the right prices for all of your drinks and getting the profits your bar needs.
- Bottle Size
- Bottle Cost
- Tax Rate
- Drink Sale Price
- Cost Percentage
- Profit with Inclusive Tax
In the Liquor cost calculator, choose from the standard Litre size bottle or 750ml (some people call a “Fifth”) or 1.75ml which some call a “handle.”
This should be the actual, invoiced bottle cost you pay. Include any service fees, sin-tax, etc. The more accurate the info, the more accurate your results.
This is the total sales tax rate you pay in your county, city, state. Enter it as a decimal (pennies.) For example a 7% sales tax is entered at $0.07 in this field.
Enter the amount in the Liquor cost calculator you would like to charge for a one shot pour of this drink.This is not a recipe card for use with multiple ingredients. Check our resource page for other, more complicated downloadable forms.
Some establishments charge Sales Tax in addition to the drink price. Example a Rum and Coke is $4.50 + 7% sales tax, the customer is charged $4.82. This result represents the “Cost of Goods %” for this particular drink in this particular scenario.
As explained in the Cost percentage, the establishment only realizes the drink price minus the sales tax percentage. The formula here in the Liquor cost calculator is basically (Drink Price – Sales tax – Cost of Goods = Profit) Check out our FREE Draft Beer Calculator! Chuck Johnson is a 30 year hospitality industry veteran, former owner and has co...
Liquor Cost Calculator. You can calculate liquor cost in two ways. The old-fashioned way with a pour cost calculator spreadsheet, or the new-fangled way with a pour cost calculator app. Here’s our free, downloadable pour cost calculator spreadsheet. Once you download it, you can edit the cells and it'll do the calculations for you.
Jan 7, 2019 · How to Price Bar Drinks. You can follow these steps to help you estimate the price of the drinks at your establishment. Calculate the liquor cost. You can use the following formula to help get to this number: Bottle Price / Ounces in Bottle = Liquor Cost per Ounce. Calculate the pour cost or beverage cost.
- 1. You can use the following formula to help get to this number: Bottle Price / Ounces in Bottle = Liquor Cost per Ounce
- 2. You can use the following formula to help get to this number: Cost to Make the Drink / Price You Sell It for = Pour Cost
- 3. You can use the following formula to help get to this number: Liquor Cost / Pour Cost in Decimals = Drink Price
- 4. You can do this similarly to how you calculate the liquor cost and price out each individual ingredient, or set a flat rate that is added on to...
- 5. Most bars will add in an additional fee of approximately 20% to cover the cost of lost product due to expiration or damage.
- 6. The number you get after you complete your calculations may not be a well-rounded number. To make the price more visually appealing, round to th...
- 7. The prices you come to may not always be the most cost-effective price for your demographic. You can use a profit and loss statement to make adj...
This spreadsheet template allows you to automatically calculate your cost per ounce. Add in your menu price and the spreadsheet will calculate your profit margin and price markup. It also includes the ability to price wine by the glass by specifying your standard wine glass pour size.
Feb 14, 2024 · Example. Let’s take a look at how we price a shot of tequila with salt and lime. If the cost of tequila is $2.00, lime $0.15, and salt $0.05, using a drink price multiplier of 4 (this would get you a 25% Cost of Goods), the liquor cost formula would be: Tequila Shot Price = ($2.00 + $0.15 + $0.05) x 4 = $8.80.
