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Is TAA worth breaking the wage structure ?

I love shit like that - every now and then you just got to just spend a bit and enjoy fine things.

Like the restaurant I went to for my 50th, I ordered an amazing marbled wage steak & added truffle shavings - fucking delicious - one of those places where they bring you a selection of steaks and you choose the one you want - so the steak was $200+ on its own.

Work chipped in with a $150 voucher, so that went on a bottle of wine (Syrah from Waiheke Island, NZ - one I’d had before, but this one didn’t quite live up to expectation).

As I get older, I’m more inclined to pay for quality produce - fortunately live on the outskirts of Melbourne, so farmers markets are a thing - I buy most of my meat from there - the difference in quality to supermarkets is pronounced.

There’s a butcher I go to when I get the chance that does amazing cuts of steak - I normally end up drooping a small fortune on Black Opal Wagu Scotch filllets which are delicious…. But not fucking cheap - it’s important I get rid of the receipt and never discuss the price with the missus… she still prefers the “I got this on quick sale going out of date from the supermarket” crap (which can be ok from time to time, to be fair).
This is it. Since having kids we hardly go out together. When we do I’d like to push the boat out a bit more. Since then I’ve tried 1, 2 and 3 Michelin starred restaurants. Yea it costs a bomb but all of them have given me things that’ll I never forget until I get dementia.
 
I bet you 80% of that $4500 is the drinks. At the end of the day, the only reason a bottles of wine trade for thousands is because there is a market out there.

In essence you’re right about the reason l, but there are other conditions which lead to high wine pricing (limited/finite supply. Etc), particularly in restaurants where the mark up is brutal.

The drinks are the thing that allow most restaurants to be profitable.
 
In essence you’re right about the reason l, but there are other conditions which lead to high wine pricing (limited/finite supply. Etc), particularly in restaurants where the mark up is brutal.

The drinks are the thing that allow most restaurants to be profitable.
Absolutely true - I grew up, and my father by his estimation believes he opened the first ever Indian Take-away in Essex. He bought this small place in 1975, and he said he was not making enough even back then with limited competition but the money started flowing in like Wine as soon as he added 12 seating places and made it into a nice cosy restaurant after he got his alcho license. The mark-up is huge on wine and drinks compared to the food that is sold. Over the years there has been a conscious effort by many muslim owners to move away from the drinks side - but they don't last long as they soon realize what brings in the money to survive.
 
I bet you 80% of that $4500 is the drinks. At the end of the day, the only reason a bottles of wine trade for thousands is because there is a market out there.


So this is weird. You quoted me as having said something that dreamy actually said.

Massive database breach. Now my views are Dreamys and vice versa. Sound the alert
 
So this is weird. You quoted me as having said something that dreamy actually said.

Massive database breach. Now my views are Dreamys and vice versa. Sound the alert
Identity theft on this site is a very rare thing - we hope Sir that this experience does not put you off this site, your contribution as either Dreamy or Localny is much appreciated.
 
Sometimes you have to wonder why Real Madrid, Barcelona, PSG, Bayern and a couple of other European giants are after one player (Trent). And no-one is interested in another (Bradley). Including our new manager. Yet some local heroes are bucking the trend of popular opinion. Geniuses.
 
Absolutely true - I grew up, and my father by his estimation believes he opened the first ever Indian Take-away in Essex. He bought this small place in 1975, and he said he was not making enough even back then with limited competition but the money started flowing in like Wine as soon as he added 12 seating places and made it into a nice cosy restaurant after he got his alcho license. The mark-up is huge on wine and drinks compared to the food that is sold. Over the years there has been a conscious effort by many muslim owners to move away from the drinks side - but they don't last long as they soon realize what brings in the money to survive.

Just a quick point on this, from someone who has a few pubs. You make shitloads more on food than booze, you just sell more booze. Your dad needs to up his curry prices. But as it's fifty years ago I doubt he's still doing it!
 
If he leaves on a free, he should never be able to show his face at Anfield again. It would be the ultimate betrayal.
 
Just a quick point on this, from someone who has a few pubs. You make shitloads more on food than booze, you just sell more booze. Your dad needs to up his curry prices. But as it's fifty years ago I doubt he's still doing it!
I dont know how it works in the pub business, but from my coversations with my dad when he was in that game, I remember him saying on food the markup was highest on the veg side dishes, more so than the lamb chicken dishes. But he was very late in keeping with inflation, and would delay putting up his prices by months. I suspect that when he talked about the booze he was more so refferring to the markup on spirits and wine rather than the stuff from beer barrells, and what he would charge on bottled beer.
 
If he leaves on a free, he should never be able to show his face at Anfield again. It would be the ultimate betrayal.

Won't happen, mate. I don't disagree at all, but IMO the same applies to McMoneyman and he's managed to worm his way back in.
 
If he leaves on a free, he should never be able to show his face at Anfield again. It would be the ultimate betrayal.

"My mum fucked around with my dad's more successful, better looking friend. Honestly she just seemed to think she'd be happier with him. She felt stifled, so she said. This all would have pained me to the core, but she had her new guy pay off some of the mortgage before she left, so the bank is feeling good. I'm ok with it now."

If the betrayal can be paid off by money, it's not ultimate betrayal. It's transactional. We fucked up. One, by allowing this inevitability, and two by not convincing him that we are the place to be. Those were the things fixable with money.

He was on top of the world with us at one point and the owners said "that's enough for us." The owners didn't want to pay, but Trent and the supporters should now care whether he makes a point of kicking them back a little? Why?
 
Just a quick point on this, from someone who has a few pubs. You make shitloads more on food than booze, you just sell more booze. Your dad needs to up his curry prices. But as it's fifty years ago I doubt he's still doing it!
As someone who owned two restaurants (100+120 seaters). Food profit was around 30% (I'm sure this could vary by cuisine/location/level), drinks lower but virtually no labour costs and could easily outsell the food on a bill if the table sat there for hours, however coffee slam dunks the lot by a mile, around 1,000% before deducting milk/sugar etc.

I had some great coffee sales ideas 20 years ago - but never put them into action due to an unenthusiastic wife, I shouldn't have listened to her (but she's a great money manager) !
 
"My mum fucked around with my dad's more successful, better looking friend. Honestly she just seemed to think she'd be happier with him. She felt stifled, so she said. This all would have pained me to the core, but she had her new guy pay off some of the mortgage before she left, so the bank is feeling good. I'm ok with it now."

If the betrayal can be paid off by money, it's not ultimate betrayal. It's transactional. We fucked up. One, by allowing this inevitability, and two by not convincing him that we are the place to be. Those were the things fixable with money.

He was on top of the world with us at one point and the owners said "that's enough for us." The owners didn't want to pay, but Trent and the supporters should now care whether he makes a point of kicking them back a little? Why?

Because (as with McMoneyman) LFC made him, not the other way round. The club was under no obligation to give him whatever he wanted regardless of our own view of what he was worth. If he decides the offer's not enough and means he's going to leave, it's on him to be up front about that (as Owen was TBF) so the club can get at least some value back, value to which it's entitled. Kidding on that he's "still thinking about it" is the action of a weasel and a betrayal of the club's trust in him.
 
As someone who owned two restaurants (100+120 seaters). Food profit was around 30% (I'm sure this could vary by cuisine/location/level), drinks lower but virtually no labour costs and could easily outsell the food on a bill if the table sat there for hours, however coffee slam dunks the lot by a mile, around 1,000% before deducting milk/sugar etc.

I had some great coffee sales ideas 20 years ago - but never put them into action due to an unenthusiastic wife, I shouldn't have listened to her (but she's a great money manager) !
What do you mean no labour costs ? Surely you had to hire people for the kitchen and waiters for the front to serve ?

Yeah Coffee, my dad use to serve that in little expresso type cups but was normal filter coffee and only charge for the first serving thats the way it was back then. After a curry the customers use to love it for some reason and I remember just refilling all the time, I dont know why, me being a curry person and of asian background, I only liked tea after a curry.
 
As someone who owned two restaurants (100+120 seaters). Food profit was around 30% (I'm sure this could vary by cuisine/location/level), drinks lower but virtually no labour costs and could easily outsell the food on a bill if the table sat there for hours, however coffee slam dunks the lot by a mile, around 1,000% before deducting milk/sugar etc.

I had some great coffee sales ideas 20 years ago - but never put them into action due to an unenthusiastic wife, I shouldn't have listened to her (but she's a great money manager) !

Yeah we've got two places very close to busy train stations that hardly sell a pint before 2pm so I've suggested coffee and all the croissant shit from 7am till 2 as we're already paying all the bills and I think it's worth a go. I get looked at like I've just landed from Jupiter by my bizz partners One of the main reasons is that there are other coffee places nearby. To me that just says they work. I'd be more worried if there weren't any.

What I mean is you don't pay any less rent or business rates so why not have a go? But I'm totally out voted so maybe I am the nob. But it seems so obvious to me. Four coffees an hour and you've paid your wages because like you say, it doesn't actually cost anything to make.
 
What do you mean no labour costs ? Surely you had to hire people for the kitchen and waiters for the front to serve ?

Yeah Coffee, my dad use to serve that in little expresso type cups but was normal filter coffee and only charge for the first serving thats the way it was back then. After a curry the customers use to love it for some reason and I remember just refilling all the time, I dont know why, me being a curry person and of asian background, I only liked tea after a curry.
You misread. And I handled the buying and dispensing of alcohol so no costs 😛

My wife and I handled everything front of shop (until we opened the second restaurant then had to hire a couple of waitresses). maitre'd, waiting, clearing up, bill payment - man were we fit then ! Up to 150 covers a night. I can't believe it when I see 5-6 waiting staff unable to handle 20-30 tables.

Burnout though - 3 years and I was done done done !
 
Yeah we've got two places very close to busy train stations that hardly sell a pint before 2pm so I've suggested coffee and all the croissant shit from 7am till 2 as we're already paying all the bills and I think it's worth a go. I get looked at like I've just landed from Jupiter by my bizz partners One of the main reasons is that there are other coffee places nearby. To me that just says they work. I'd be more worried if there weren't any.

What I mean is you don't pay any less rent or business rates so why not have a go? But I'm totally out voted so maybe I am the nob. But it seems so obvious to me. Four coffees an hour and you've paid your wages because like you say, it doesn't actually cost anything to make.
What are they thinking!? Of course it would work. Why worry about competition? Look at the Chinese model - one restaurant opens and business is good so soon you have a whole street of Chinese restaurants (Soho) all making money as people know that is the place to go for Chinese food.

The profit on coffee is insanely high so you really have nothing to lose, add on Chai Latte and artisan teas plus some takeaway snacks (mars, snickers etc.), croissants, muffins, biscuits and some health bars/snacks and you're good to go.
 
Fuck it I'm gonna do it anyway
We introduced coffee at a few places I worked back in the day, and the GP was through the roof, so I'd highly recommend it. Commuters generally care less about the quality of the product and are mostly looking for a quick caffeine hit.

It can be challenging to get bartenders to match the speed and precision of baristas, which might become an issue if the service gains popularity with commuters. It’s generally more effective to hire someone with barista experience and teach them bar skills, rather than the other way around. Hotel workers in F&B usually have experience in both areas. Many people who enjoy bar work aren’t arsed about making coffee, which can lead to problems if they're making average coffee or the machines aren't regularly descaled and cleaned as needed. Some commercial coffee machine and bean providers offer staff training, which can help improve this and kindle some interest.

You can also use "Too Good To Go" to sell leftover pastries, reducing wastage and loss.
 
Well just to let you know I've told the gang I'm starting it, no questions, not arsed. Starting it in the city centre one first. It's on Lime St ffs. If you were getting a train in from London and googled coffee shops and one was called the Liverpool Coffee Company and it had a nice little space that you could watch porn and pretend to work I think there's a good chance you'd pop in to have a coffee.
 
As someone who owned two restaurants (100+120 seaters). Food profit was around 30% (I'm sure this could vary by cuisine/location/level), drinks lower but virtually no labour costs and could easily outsell the food on a bill if the table sat there for hours, however coffee slam dunks the lot by a mile, around 1,000% before deducting milk/sugar etc.

I had some great coffee sales ideas 20 years ago - but never put them into action due to an unenthusiastic wife, I shouldn't have listened to her (but she's a great money manager) !

You all must be doing it differently - I was running food GP at around 30%, but booze at 70%+ - with wine and spirits being the big GP winners - beer isn’t that good.

House wine we’d buy for $3 a bottle and sell for $45 a bottle.

Never found coffee that profitable - wasn’t going through enough of it for it to register on the radar, except as stock loss because all the staff (self included) smashing loads of coffee every shift.
 
You misread. And I handled the buying and dispensing of alcohol so no costs 😛

My wife and I handled everything front of shop (until we opened the second restaurant then had to hire a couple of waitresses). maitre'd, waiting, clearing up, bill payment - man were we fit then ! Up to 150 covers a night. I can't believe it when I see 5-6 waiting staff unable to handle 20-30 tables.

Burnout though - 3 years and I was done done done !
Yeah 3 years !!! You crazy, my dads big place was like a 50 seater plus of course we did take aways, but on Friday and Saturday nights we needed at least 3 up front minimum and 4 at the back (Kitchen).

You and your wife handling it all is like the equivalent of Klopps pressing and running , so like Fabinho/Henderson the legs went after 3 seasons of it !!!
 
Well just to let you know I've told the gang I'm starting it, no questions, not arsed. Starting it in the city centre one first. It's on Lime St ffs. If you were getting a train in from London and googled coffee shops and one was called the Liverpool Coffee Company and it had a nice little space that you could watch porn and pretend to work I think there's a good chance you'd pop in to have a coffee.

I don't know, I'm a cunt about coffee. And by "a cunt" I mean, I have the outrageous expectation that the person making coffee all day for their living should make better coffee than me.
 
Yeah 3 years !!! You crazy, my dads big place was like a 50 seater plus of course we did take aways, but on Friday and Saturday nights we needed at least 3 up front minimum and 4 at the back (Kitchen).

You and your wife handling it all is like the equivalent of Klopps pressing and running , so like Fabinho/Henderson the legs went after 3 seasons of it !!!
Yep. But Austrian taxes are brutal for owners. Whatever you pay in salary you can double with national insurance and taxes. It's because Austria has two high seasons and two low seasons so many don't work during the low seasons but the Govt. still pays them 80% of their last salary. So don't hire if at all possible.
 
Yeah we've got two places very close to busy train stations that hardly sell a pint before 2pm so I've suggested coffee and all the croissant shit from 7am till 2 as we're already paying all the bills and I think it's worth a go. I get looked at like I've just landed from Jupiter by my bizz partners One of the main reasons is that there are other coffee places nearby. To me that just says they work. I'd be more worried if there weren't any.

What I mean is you don't pay any less rent or business rates so why not have a go? But I'm totally out voted so maybe I am the nob. But it seems so obvious to me. Four coffees an hour and you've paid your wages because like you say, it doesn't actually cost anything to make.
Serving coffee near a train station is a no brainer. Just pay the extra for good coffee and you’ll be laughing.
 
I don't know if its because I'm older, or because Trent has repaid us 50 times over, e.g. we will always remember the "corner taken quickly...", ooooor there is young Bradley waiting in the wings.

But Trent going abroad isn't a Judas feeling to me.

If it was an English team, I'd probably be foaming at the mouth.
 
It's not his going abroad (sooner that than see him @ another Prem club) that would stick in my craw. It's his doing so à la McMoneyman in a way which would see him and his agent trousering the fee which the club should be getting for him. Sorry but AFAIC the "repaid us 50 times over" bit is a pretty wild overstatement.
 
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