Out on the Town Online

“Mismanagement” “Waste” “Shrinkage” “Theft”

No matter what words you use, it all means the same thing: lost profits! Identifying and managing this problem is something every business struggles with on a daily basis, but studies have shown the hospitality industry suffers from a “shrinkage” problem far exceeding any other business sector. Thousands of beverage audits of bars, restaurants, hotels and clubs have revealed that these losses range for 15-35%, with the average loss being almost 20%!

What can you do?

Bevinco has the answer! Our business is dedicated to providing bar and restaurant owners with a proven, effective method to control liquor loss and improve profitability. Through a network of independently owned and operated franchises, we have grown internationally to the point where Bevinco is the world’s leading profit control and revenue enhancement service for the hospitality industry.

Profit Control, not Inventory Control: the Bevinco difference!

BEVINCO VIDEO

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Bevinco has developed a unique, computerized process that compares the units of product dispensed against the units of product recorded as sold. Any variance found is immediately reported. Using the Bevinco service, you will discover lost profits that have gone unnoticed for years - even if you are employing traditional methods of loss prevention. We have been able to help our clients increase their profits by an average of more than 10% of their gross sales and reduce liquor loss to 5% - or less!

Wouldn't you like to add that to your bottom line?

A SCIENTIFIC, HIGH TECH APPROACH THAT WORKS

In the simplest terms, our service compares the exact amount of all liquor your bar operation has used during the reporting period against the amount of liquor that your point of sale (POS) system has recorded as having been sold. The detailed report we then generate will show you the cash value of the profit your register tapes tell you you,ve made versus the profit you should have actually made. With our service, there's no guessing and no error!

IT DOESN’T BALANCE UNTIL IT HAS BEEN WEIGHED:
How we uncover your lost revenue.

A Bevinco representative will come into your premises every week. Using a sophisticated software program and a set of scientific scales, your rep will:
• Weigh all open liquor, wine and draft beer.
• Take a detailed physical count of all the full bottles on the premises.
• Compare the number of units of each product a bar has sold against the amount poured.
• Generate a comprehensive report highlighting all shortages.

For example, a Bevinco representative will weigh a bottle of Kahlua liquor, determining that 28 shots have been used during the past week. This usage will then be compared directly to the bar receipts to see if 28 shots were actually reported as sold. (Our system also checks for every drink that calls for Kahlua.) If it's found that only 20 shots have been rung in through your cash register, our computerized report will clearly show that you are missing (or short) 8 shots of Kahlua (a 28% loss). This figure is automatically converted to the equivalent in lost revenue, both cost and retail.

Once your weekly inventory is completed, you will be provided with a confidential, detailed report that accounts for every single drop of liquor, wine and beer poured in your beverage operation. With Bevinco's service, you will be able to hold your staff accountable. By doing so, our clients typically enjoy shrinkage of less than 5%.

Founded in 1987, Bevinco is the world’s leading franchisor of alcohol auditing services. Bevinco franchisees help bar and restaurant owners reduce shrinkage and increase profits through independent, onsite auditing using the company’s proprietary software and inventory control system. The Toronto-based company currently has 260 franchises in 20 countries. For more information, Call Buddy Bownes, Office: 215-745-2981 / E-mail buddybarman@aol.com

Less Shrinkage, More Profit, Better Business.