Thousands
of beverage audits of bars, restaurants, hotels and
clubs have revealed that these losses range from 15-35%,
with the average loss being almost 20%!
What can
you do?
Bevinco has the answer! Since
1987 our business has been dedicated to providing
bar, restaurant and hotel owners with a proven,
effective method to control alcohol 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.
More than 20% of your
stock may be lost to “shrinkage”
It is no secret that all bars,
hotels and restaurants experience some degree of
shrinkage – an astonishing 20% lost on average.
We all know the reasons: over-pouring, carelessness,
free drinks and even outright theft. It is difficult
to pinpoint how much stock is lost each week, since
traditional stock management methods like gross
profit percentage and tenthing are arbitrary, time
consuming and inexact at best. Bevinco can change
all that.
Whatever method you’re
using Bevinco beats them all.
Who does the stock take at your
business? It’s a time consuming and exacting
job and is either done by the very people who stand
to gain the most from inaccurate numbers or by suppliers
with outdated methodologies.
Bevinco is an independent, professional, unbiased
third party service dedicated to helping you gain
more profit from every bottle. With our service
there is no guessing and no error – we take
a time consuming task and turn it into a profit
centre – guaranteed.
How does the Bevinco system
work?
At an agreed frequency, Bevinco
comes into your bar and counts all spirits, beer
and wine stock. We weigh every bottle and keg on
the premises on a scientific scale connected to
a laptop running state of the art, proprietary Bevinco
software. This very accurate stock count is then
tallied against your sales pin pointing any discrepancies
between amounts sold and amount used right down
to the millimetre.
The audit is done discreetly for you and the easy
to read reports explain every variation at a glance,
with a detailed brand-by-brand, bottle-by-bottle
breakdown. You will see any discrepancies, spot
light top selling brands (and “dead”
stock), streamline purchasing, even highlight shifts
costing you the most. Once the audit is complete,
we chair a staff meeting where we demonstrate our
service to your staff, discuss the results (with
your permission) and introduce systems and processes
for the efficient running of your business.
What about Food Audits ?
More and more of our clients have
asked us to provide Stock Auditing services on their
Food Operations. Food sales are a key revenue source
for the majority of those servicing the hospitality
industry.
Therefore we have developed a Stock Auditing process
specific to Food that allows us to provide valuable
insight to clients in relation to Gross Profit,
Stock Valuation Analysis, Purchase Activity and
Menu Costing / GP per Dish.
We also provide a Secret Shopper service so clients
can get an understanding of the “customer
experience” as well as getting an objective
view on “front of house” operations.
How much money will Bevinco
save me?
The Bevinco service gets results:
our clients enjoy a substantial reduction in stock
shrinkage. Plus, increase their profits by an average
of 10% - usually showing a big improvement to the
bottom line right from the first week with Bevinco.
Once staff are aware of the service, you will see
a dramatic improvement in stock control and revenue
management – guaranteed!
Bevinco is a key partner
in your business success?
Bevinco will improve your profits
using employee training and motivation techniques
combined with computerised monitoring of sales revenue
and stock.
A Partnership with Bevinco puts
you in control of your stock- and finds you more
profit in every bottle!
What do other people within the hospitality industry
have to say about Bevinco?
BAR OWNERS…
“Bevinco can provide you
with a number of detailed reports, which will not
only save you time but also money, by showing you
where shrinkage is occurring and how to recover
it.
If you are cost conscious and like me want to get
clear visibility of your bars profits I would have
no hesitation in recommending the BEVINCO service
to you.”
Andrew Prior, The Morgan
Hotel,
Temple Bar, Dublin.
"Bevinco provides an invaluable
insight into the performance of our business. Detailed
reports and practical advice help us to make continuous
improvements that improve profitability"
John Ryan, The Ardilaun
Hotel
www.theardilaunhotel.ie
"Bevinco is not just a stock
taking service, it is a complete auditing service
which is helping our business reduce costs therefore
increase profits"
Mike Pearl, An Pucan
www.anpucan.ie
"An excellent and professional
service that provides valuable insight and helps
focus on maximising profits."
Kevin Healy, Roisin Dubh
www.roisindubh.net
Accountants…
“From an accountant’s
perspective, traditional manual systems lack credibility
in the information technology era as they are slow,
inaccurate and lead to recounts. Bevinco’s
system is proven and based on proprietary software
which gives an accountant the comfort needed to
rely on the reports derived from the system.”
Declan Mannion
D V Mannion & Co, Chartered Accountants, 3 Devon
Place, The Crescent, Galway
www.dvmannion.ie
MARKETING GURUS….
“If it’s true that
knowledge is power, then Bevinco is the ultimate
weapon. The unique service is designed to tell you
more about the profitability of your beverage operation
than was ever before available, using software technology
that didn’t exist a few years ago. Armed with
a laptop and electronic scales a Bevinco auditor
is capable of generating management reports that
provide an exact representation of what transpire
throughout the operation………
Robert Plotkin, Successful
Beverage Management (pp.176-177)
IN THE PRESS…
“Back of the napkin math
suggests that if all establishments in America signed
on with Bevinco, they could roughly avoid $10 billion
in annual losses”
Newsweek Magazine, October 27,
2003
CONTACT US NOW for a free, no
obligation consultation with the Bevinco auditor
in your area