A little insight into AWP finances

gambogaz1 · Post by **gambogaz1** » Tue Aug 28, 2012 12:38 pm

A colleague is working on a pubs books and I've been having a nose at the fruit machine reciepts.

Low light

Machine - GATW
7 days take = £60
Less vat £10
Less duty £18
Less rental £88

Balance -£56

Split 50/50 with brewery so landlord owes company £28

High light

Machine - GATW
8 days take = £440
Less vat £73
Less duty £21
Less Rental ££100

Balance £246

Split 50/50 with landlord and brewery.

So landlord gets £122

betchrider · Post by **betchrider** » Tue Aug 28, 2012 12:48 pm

£15 a day you can see why they get arsy when anybody wins owt

betchrider · Post by **betchrider** » Tue Aug 28, 2012 12:48 pm

Landlord gets 123 gambo

gambogaz1 · Post by **gambogaz1** » Tue Aug 28, 2012 12:51 pm

I've knocked the pence off the totals, think it was £122.51

Was quite surprised myself how little they actually pocket, and they gotta pay for the leccy for em too.

spa · Post by **spa** » Tue Aug 28, 2012 5:27 pm

Isn't that new all in one thing coming in soon?

Just a % of takings?

Roll_With_It_Russ · Post by **Roll_With_It_Russ** » Tue Aug 28, 2012 6:18 pm

its not worked out over a period of a week though is it?

betchrider · Post by **betchrider** » Tue Aug 28, 2012 6:27 pm

They have weekly collections most

gambogaz1 · Post by **gambogaz1** » Tue Aug 28, 2012 6:44 pm

They are actual collection receipts, done every 7 days give or take a day.

The all in 1 thing is to combine the duty and Vat.

Ruler of The World · Post by **Ruler of The World** » Tue Aug 28, 2012 10:13 pm

Has this landlord got a fit daughter?

jeffvickers · Post by **jeffvickers** » Tue Aug 28, 2012 10:58 pm

Quiz machine or £5 Jacky due in the losing pub then. Happening a lot in small/struggling pubs round here

eddiesdad · Post by **eddiesdad** » Tue Aug 28, 2012 11:04 pm

this is what most people forget,the biggest winners are always the local council(8-900) a year for a licence and the goverment god knows how much tax then take the brewery/pub management companies share.some punch/enterprise landlords can make a fiver a week.even the bigger suppliers need to site a hell of a lot of machines to make it worthwile

eddiesdad · Post by **eddiesdad** » Tue Aug 28, 2012 11:08 pm

gambogaz1 wrote: I've knocked the pence off the totals, think it was £122.51

Was quite surprised myself how little they actually pocket, and they gotta pay for the leccy for em too.

and phone call to supplier because some twat has fucked the buttons again!

gambogaz1 · Post by **gambogaz1** » Tue Aug 28, 2012 11:39 pm

I think it's a locally pub in a small village, it's the only machine they've got.

No idea about the daughter but I'll get on the case.

BFK · Post by **BFK** » Wed Aug 29, 2012 7:50 am

Their rental fees are very high. They could get a much better deal.

I'll send Mark Chilvers round. He doesn't bother with rentals. Just a profit split.

Thumper · Post by **Thumper** » Wed Aug 29, 2012 8:25 am

BFK wrote:Their rental fees are very high. They could get a much better deal.

I'll send Mark Chilvers round. He doesn't bother with rentals. Just a profit split.

I thought it was usually either a rental OR a profit split, not both.