Page 1 of 3
A little insight into AWP finances
Posted: Tue Aug 28, 2012 12:38 pm
by gambogaz1
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
Posted: Tue Aug 28, 2012 12:48 pm
by betchrider
£15 a day you can see why they get arsy when anybody wins owt
Posted: Tue Aug 28, 2012 12:48 pm
by betchrider
Landlord gets 123 gambo
Posted: Tue Aug 28, 2012 12:51 pm
by gambogaz1
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.
Posted: Tue Aug 28, 2012 5:27 pm
by spa
Isn't that new all in one thing coming in soon?
Just a % of takings?
Posted: Tue Aug 28, 2012 6:18 pm
by Roll_With_It_Russ
its not worked out over a period of a week though is it?
Posted: Tue Aug 28, 2012 6:27 pm
by betchrider
They have weekly collections most
Posted: Tue Aug 28, 2012 6:44 pm
by gambogaz1
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.
Posted: Tue Aug 28, 2012 10:13 pm
by Ruler of The World
Has this landlord got a fit daughter?
Posted: Tue Aug 28, 2012 10:58 pm
by jeffvickers
Quiz machine or £5 Jacky due in the losing pub then. Happening a lot in small/struggling pubs round here
Posted: Tue Aug 28, 2012 11:04 pm
by eddiesdad
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
Posted: Tue Aug 28, 2012 11:08 pm
by eddiesdad
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!
Posted: Tue Aug 28, 2012 11:39 pm
by gambogaz1
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.
Posted: Wed Aug 29, 2012 7:50 am
by BFK
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.
Posted: Wed Aug 29, 2012 8:25 am
by Thumper
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.