£7.60 for a pint?

[Brew_DD2]

14p for a pint of Bass was the first pint I bought when I was 16

Nice! What year was that?

 

[Galena]

Nice! What year was that?

It would be 1974 or latest 1975 if my memory is incorrect

 

[Brew_DD2]

It would be 1974 or latest 1975 if my memory is incorrect

So about £1.47 allowing for inflation. I would be interested to see what tax and duty was set at then too. Probably would take you to not far off what you could expect to pay for a similar beer nowadays.

That being said, I'd imagine it would likely be a lot lower as a percentage of average wages than today.

 

[Galena]

So about £1.47 allowing for inflation. I would be interested to see what tax and duty was set at then too. Probably would take you to not far off what you could expect to pay for a similar beer nowadays.

That being said, I'd imagine it would likely be a lot lower as a percentage of average wages than today.

My wages at that time as an apprentice were £13 per week, I joined a caving club not long after this with a bit of a drinking culture, I was paid Friday and spent up by Saturday night and mates who were a couple of years older and hence earned a little more had to buy me my beer on a Sunday.

 

[An Ankoù]

I remember getting a pint of mild in a pub near St Denys railway station, Southampton (can't remember the name) FOR 9p. This would have been in 1972 (possibly '71). I recall thinking that was exceptionally good value, even then as I used to pay 12p for a pint of (****) bitter closer to home.

 

[Cwrw666]

Have they? I don't know about independent supermarkets but I don't think any of the national companies release specific Welsh turnover figures.

Basically supermarket turnover has increased since March but there has been a huge switch to online deliveries and click and collect since then which means many more staff have to be paid for so supermarket profits are actually down. Plus at the moment we're in lockdown so they're also losing their inessential sales, though it's only for a couple of weeks.

 

[Arcs]

I remember my first pint of guinness back in 1988 being just 86p then prices for every reason in a cookery book made it shoot up higher than a geyser in yellow stone park. I wouldn't dream of paying for anything over £3.50 at my local. Indeed, my local stopped serving ruddles and started serving that disgusting ale known as Abbot. So to temper it I was ordering that as a pint of bitter 50 and was being asked £3.80. I stopped going, 6 weeks later the ruddles was back and they were glad to see me. Footfall in these times is everything I guess

 

[phildo79]

There is a bar not far from me that sells all these new/hipster beers on a constant rotation. It's a good bar but expensive. Don't expect to get a pint of 'craft' beer for under £6. I have gotten to know one of the barmen over the years and we were discussing the outrageous price of a particular pint one day. He swore blind that the bar only recoups the same percentage of profit on every single keg and they price the beers according to how much the keg cost them. I cannot remember the exact amount of profit he said and searching the web has thrown out some different numbers. I did find this interesting though Bar Beer Pricing: How to Price Bottle, Draft, and Craft Beer

So if we assume the bar was looking for an 80% profit on that keg (88 pints) of kolsch, then they only paid £133.76 for the keg. That means that after the first 17.6 pints, the rest was all profit. It does seem like the customer is getting their eye wiped somewhat. Of course, I could be way off with those margins but whatever way you look at it, the bar must have known that it was going to have to charge £7.60 a pint before they bought the keg. And it's kolsch ffs!

 

[strange-steve]

There is a bar not far from me that sells all these new/hipster beers on a constant rotation

Woodworkers?

 

[phildo79]

Woodworkers?

Nail on the head!

 

[johncrobinson]

Of course the prices are outrageous,Supermarket pricing proves that.Also most bar staff are also on circa minimum wage ..
Remember the old song 'Champagne tastes but only beer bottle pocket."
Well not any more.

 

[AnimatedGIF]

There is a bar not far from me that sells all these new/hipster beers on a constant rotation. It's a good bar but expensive. Don't expect to get a pint of 'craft' beer for under £6. I have gotten to know one of the barmen over the years and we were discussing the outrageous price of a particular pint one day. He swore blind that the bar only recoups the same percentage of profit on every single keg and they price the beers according to how much the keg cost them. I cannot remember the exact amount of profit he said and searching the web has thrown out some different numbers. I did find this interesting though Bar Beer Pricing: How to Price Bottle, Draft, and Craft Beer

So if we assume the bar was looking for an 80% profit on that keg (88 pints) of kolsch, then they only paid £133.76 for the keg. That means that after the first 17.6 pints, the rest was all profit. It does seem like the customer is getting their eye wiped somewhat. Of course, I could be way off with those margins but whatever way you look at it, the bar must have known that it was going to have to charge £7.60 a pint before they bought the keg. And it's kolsch ffs!

An iteresting read, thanks for sharing!

 

[strange-steve]

Nail on the head!

It is a great bar but not somewhere I'd drink pints all night. The tasting flights are reasonable though and a couple of those is usually enough for me.

 

[phildo79]

It is a great bar but not somewhere I'd drink pints all night. The tasting flights are reasonable though and a couple of those is usually enough for me.

I've had some amazing beers in there, usually imp stouts, but they do quite often have a lot of beers from the same brewery on offer. And they are not necessarily good breweries, IMO. But those price margins remain the same, regardless of quality. I have seen some very mediocre beers on sale for £7+

 

[Leon103]

Of course the prices are outrageous,Supermarket pricing proves that.Also most bar staff are also on circa minimum wage ..
Remember the old song 'Champagne tastes but only beer bottle pocket."
Well not any more.

Lol

 

[Sadfield]

So if we assume the bar was looking for an 80% profit on that keg (88 pints) of kolsch, then they only paid £133.76 for the keg. That means that after the first 17.6 pints, the rest was all profit. It does seem like the customer is getting their eye wiped somewhat. Of course, I could be way off with those margins but whatever way you look at it, the bar must have known that it was going to have to charge £7.60 a pint before they bought the keg. And it's kolsch ffs!

80% profit? Obviously this bar doesn't pay staff, rates, rent, insurance other overheads which now includes PPE, sanitiser and other items to create a covid safe environment. And then there's wastage due to reduced turnover of beer through covid reduced capacity.

 

[obscure]

I was having at look on EeBria and the most expensive pensive beer they sell is Cloudwater One Slice to Yule Them All a 11% Imperial Stout at £261.22 +VAT (so £313.47 total) for a 30L Key Keg about 52 pints so a cost price of about £5+VAT a pint. This is obviously an extreme example but does show,that some beers really do cost pubs this much, and why £10+ prices points aren’t that unusual for Imperials or similar. But £7.60 for a Kolsch seems to be pushing it.

 

[phildo79]

80% profit? Obviously this bar doesn't pay staff, rates, rent, insurance other overheads which now includes PPE, sanitiser and other items to create a covid safe environment. And then there's wastage due to reduced turnover of beer through covid reduced capacity.

An initial 80% profit on kegged beer, i.e. the mark-up price.

 

[simon12]

What do you all think of my prices?

 

[samale]

What do you all think of my prices?

I would happily drink my way down that menu