Bars and nightclubs across the U.S. represent sociable environments for patrons. With almost 1 million establishments across the country, managers and owners face the daunting task of operating these environments efficiently. Providing exceptional service, experience, and safety for customers as well as abiding by federal and state laws, codes and ordinances are just a few things owners must consider. Cash handling issues or the lack there-of smooth, secure transactions create additional pressure for owners.
The average bar and nightclub generates $200,000 annually, with unspecified amounts in cash. Over 20 million American adults frequent bars and nightclubs, averaging $81 on a night out every weekend across U.S. cities. College students and club-goers spend 23-45% of the cash they withdraw, $60 on average, where they go.
The fast paced nature of these environments makes them financially rewarding and advantageous to owners, if operated right. Securely capturing each transaction and storing bills and coins is a major cash management problem, compounded by theft among employees and mismanagement of cash bills.
Bar and nightclubs require high capacity tills to accommodate a large volume of cash transactions. APG Cash Drawer has POS solutions to resolve all cash management issues regardless of the size or scope.
Facts + Statistics
Cash Usage in Bars & Clubs
The weekly average club-goer spends about $81 on a night out
Cash Usage in Bars & Clubs
Customers spend 25-45% of their withdrawals, avg. of $60 (NCB)
Bars + Clubs Revenue
Received $710 billion in Food & Drink sales (RIA, Dun & Bradstreet)
Bars + Clubs Revenue
$26 Billion accounted for revenue with 1.4% sales increase (IBISWorld)
US Bars + Clubs
Currently hovers around 970K Locations | 400K Employees
US Bars + Clubs
Have 590K bartenders and 409K club employees, 5.56 workers per (Technomic)
Major Revenue Source
In industry consists of Beer (35%) | Hard liquor (30%)
Major Revenue Source
Non-Alcoholic (20%) | Wine (7%) | (BarTAB Report)
Bars + Clubs Opportunities
Demand is driven by income and entertainment needs (ANA)
Bars + Clubs Opportunities
Depends on the ability to drive traffic and develop a loyal clientele
Reliable Opinions
Jan 6, 2018
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We have had APG cash drawers through out the years and they are very durable and they never seem to have a problem with opening. The other cash drawers ,that we tried to use, always seemed to be very slow...
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- Eric Lawler, La Grange Theatre (Series 4000 Cash Drawer)
Jan 6, 2018
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Great and efficient service
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- Justin Guting, Cedar Fair Entertainment Group, (Series 4000 Cash Drawer)
Dec 5, 2017
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Last drawer lasted for 15 years of continuous use.
Well made, high quality product! I spent years in jobs that included lots of cash handling. This cash drawer is the nicest I've seen. It's solid build will last for years and its finish is just lovely. It triggers cleanly...