Drinks GP Calculator. We know every drop counts, and every pour matters; Inn Express introduces an indispensable Gross Profit (GP) Calculator tool for your business. This clever, user-friendly calculator takes the guesswork out of your pricing strategy, ensuring your drinks range remains profitable.. Welcome to our drinks menu pricing assistant.. Enter the cost and size information of the stock (excluding VAT) and your desired Profit Margin and the calulator will give you the minimum prices for servings to achieve the desired margin. Product Type: Draught Beer Bottle/Can Beer Wine Spirit Product Cost: Desired GP.
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The following steps outline how to calculate the Beer Profit. First, determine the total revenue from the sale of the beer ($). Next, determine the total costs involved in the beer production, marketing, distribution, and other related expenses ($). Next, gather the formula from above = BP = TR - TC.. To set your price properly, you will need to calculate the markup. First, you will want to take your 40% margin and express that as a decimal: 100-40 = 60 or 0.6%. Then divide your cost ($20) by the 0.6%, which will amount to $33.33. This is the retail price you should sell your vodka for if the COGS is $20 and your desired margin is 40%.
