ARNB Bridge House — 2008-01-16 - 2008-02-16 (Month 1)

Attendance statistics:
 DayTablesGamesTables/Game
 Monday:19.544.9
 Tuesday:8.024.0
 Wednesday:26.055.2
 Thursday:4.022.0
 Friday:29.055.8
 Saturday:32.556.5
 Sunday:14.543.6
 Total133.527Avg: 4.94
 Avg. normal games (M., W., F., Sat.):5.63
 Total Players:534
 
 
Gross playing fees collected:¢ 1,640,500.00 
Expenses paid in cash:
 Rent747,000
 Alejandro182,000
 Director Fees284,500
 Food288,200
 Refrescos50,400
 Office Supplies29,192.79
 Total¢ 1,581,292.79 (1,581,292.79)
Bills still to be received (estimates):
 Water¢ 10,000
 Caja Alejandro40,000
 Electricity40,000
 Telephone20,000
 Total¢ 110,000 (¢ 110,000.00)
Net result, first month of operation:Loss:(¢ 50,792.79)

Comments

A $100 loss in the first month seems quite reasonable since we were basically determining how much was the real cost of operation to see if the operation was viable without drastic changes. The answer would seem to be that minor tinkering will result in a small profit per month. For the second month we are going to concentrate on two areas: maintaining or increasing attendance i.e. the Thursday game operating each week, and lowering the cost of food which is too high given that of the 27 games, 4 of them (Tuesday and Thursday) did not have a food cost. I estimate the cost can be dropped from the present ¢ 12,500/game to ¢ 6-7,000 which would result in a saving of about ¢ 140,000 for the month. Gross income from entries does not include any of the monies collected exclusively for memberships paid during the month.

Ian McLennan

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