How Much Do Bar Owners Make UK?

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Key Bar Ownership Information

  • Bars can mark up alcohol costs by 500%. Gross profit margins at bars reach 80%.
  • The average bar owner earns $330,000 in annual revenue. Expenses average $24,200 monthly.
  • A bar makes between $25,000 and $30,000 per month.

Bar Profitability and Investment

  • The average bar revenue is $27,500 per month.
  • To open a bar, start with a budget of at least £20,000.
  • The average cost of opening and running a bar for the first year is about $710,400.

Considerations for Bar Success

  • What makes a bar successful? Service, décor, drinks selection and food contribute to make a great bar.

Bar Operating Costs and Earnings

  • A bar owner’s yearly salary comes from the bar’s net profit.
  • Earnings can vary depending on bar size, location, drinks served, and customers.
  • On average, it costs $24,000 per month to run a bar.

Bar Ownership in the UK

  • Rent costs for opening a bar range from £3,250 to £6,500.
  • Profit levels vary considerably between pubs in the UK.
  • Bars need alcohol licenses from local councils in the UK.

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