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Author Topic: Bunbury 2015  (Read 4129 times)

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Cockney Rebel

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Re: Bunbury 2015
« Reply #120 on: June 16, 2015, 04:22:01 PM »

Holy smokes!  That's big revenue. 

Poor bastard's food costs and the labor involved probably make the profit less than what you or I would like to imagine, however.
Perhaps true, but even if only in cashflow terms, invaluable income for less than 72 hours trading.
(Quick research... Average 32% food costs, 29% salary costs, lower overheads than a retail unit, maybe a license from Bunbury... still pretty impressive IMHO. I woulda been pushed to turn that over in a week selling CD's 'back in the day' at a far lower profit margin)
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euro60

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Re: Bunbury 2015
« Reply #121 on: June 16, 2015, 06:00:41 PM »

I was in discussion with someone who knows/supplies one of the food trucks that serviced Bunbury. In just three days, serving $6 sandwiches, this truck generated over $17,000 worth of business.
I couldn't help but do the math:

that's 2,833 sandwiches in 3 days, or 944 sandwiches a day, or (assuming 10 hours of sales per day) 99.4 sandwiches an hour, or 3 sandwiches every 2 minutes.

Any which way you look at it, that's a LOT of sandwiches.

I imagine that they either pay a flat fee (say, $1,000 or $1,500) to Bunbury for the privilege of having a captive audience of 20,000 that is starving for food, or a royalty basis of some sort (say 5 or 10% of sales).
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trixi

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Re: Bunbury 2015
« Reply #122 on: June 16, 2015, 10:27:26 PM »

The food truck across from our beer booth on Fri ran out of food at some point in time (probably in the 6-7 pm time frame).  They put a "restocking" sign on their window, and were back in business probably within an hour and a half.  They made fresh cut fries along with some sandwiches and by the time WTM was finished, they had yet another long line.  I could just imagine them leaving there on Fri night and hitting up all the stores in town for more potatoes to supply the rest of the weekend.
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euro60

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Re: Bunbury 2015
« Reply #123 on: June 16, 2015, 11:01:59 PM »

The food truck across from our beer booth on Fri ran out of food at some point in time (probably in the 6-7 pm time frame).  They put a "restocking" sign on their window, and were back in business probably within an hour and a half.  They made fresh cut fries along with some sandwiches and by the time WTM was finished, they had yet another long line.  I could just imagine them leaving there on Fri night and hitting up all the stores in town for more potatoes to supply the rest of the weekend.
If Bunbury is going to accommodate 20,000 attendees properly, they REALLY need to expand both the food and beer stations, as in, DOUBLE them, seriously.
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Kwyjibo

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Re: Bunbury 2015
« Reply #124 on: June 17, 2015, 08:17:47 AM »


I imagine that they either pay a flat fee (say, $1,000 or $1,500) to Bunbury for the privilege of having a captive audience of 20,000 that is starving for food, or a royalty basis of some sort (say 5 or 10% of sales).

I'd be willing to bet that you are underestimating by at least half, if not more.
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Zafer Kaya

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Re: Bunbury 2015
« Reply #125 on: June 17, 2015, 04:59:33 PM »

There's no way the organizers would risk leaving that much money on the table.  You're the one paying Black Keys and getting the space and the permits, etc.  Why should some vendor who all they have to do is drive their truck up into the slot you provided for them get an insane profit margin  on the back of your hard work?

Unless they're complete fools, which I suppose is possible. 

But anyway yeah, there's a reason why Live Nation is buying Musical Festivals, and not Food trucks.  The vendors need music festivals way more than the music festival needs vendors.

My guess is they just take a cut of the revenue, and not a small one.  Like 15 or 20%.  The established vendors will have a lower profit margin than usual but will probably make up for it via volume.  And probably some vendors will make no money at all but just do it for the PR.

TayFo

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Re: Bunbury 2015
« Reply #126 on: June 17, 2015, 10:16:55 PM »

They hide information like that online.  :P

Quote
Booth Types, Sizes and Fees
Yeatman’s Cove
–
Main Stage
Hosts the main stage where headliners perform. Sales begin at 1 p.m. each day and
close at 11:30 p.m. Friday and Saturday and 10:30 p.m. on Sunday:

Advocacy/Business Promotion Booth or Food Cart
(10’ x 10’): $1,250.00
Merch Booth (10’ x 10’): $1,500.00
Mobile Food Truck: $2,000.00
Food Booth (10’ x 20’):$2,250.00
Food Booth (20’ x 20’): $3,250.00

Yeatman’s Cove –River Stage
Hosts the scenic river stage. Sales begin at 1 p.m. each day and close at 11:30 p.m.
Friday and Saturday and 10:30 p.m. on Sunday:

Advocacy/Business Promotion Booth or Food Cart(10’ x 10’): $1,000.00
Merch Booth (10’ x 10’): $1,250.00
Mobile Food Truck: $1,750.00
Food Booth (10’ x 20’: $2,000.00
Food Booth (20’ x 20’): $3,000.00

Sawyer Point
Hosts two stages and the Craft Beer Village. Sales begin at 1 p.m. each day
and close at 11:30 p.m. Friday and Saturday and 10:30 p.m. on Sunday. Music ends
approximately an hour earlier and vendors have the option of closing at that time:

Advocacy/Business Promotion Booth or Food Cart (10’ x 10’): $1,000.00
Merch Booth (10’ x 10’): $1,250.00
Mobile Food Truck**: $1,750.00
Food Booth (10’ x 20’: $2,000.00
Food Booth (20’ x 20’): $3,000.00
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euro60

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Re: Bunbury 2015
« Reply #127 on: June 17, 2015, 10:34:42 PM »

Nice work, P.I. TayFo

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Cockney Rebel

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Re: Bunbury 2015
« Reply #128 on: June 18, 2015, 07:12:20 AM »

I'd say the food truck still made a profit.
Food costs $5400.
Salary costs $2k max.
License $2k
Running costs: Let's be generous and say $1200
Wasteage/Disposables: $1000

$5k or so profit before taxes is still pretty damned good for 3 days work IMHO
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Kwyjibo

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Re: Bunbury 2015
« Reply #129 on: June 18, 2015, 08:39:15 AM »

$5k or so profit before taxes is still pretty damned good for 3 days work IMHO

Indeed it is.
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TayFo

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Re: Bunbury 2015
« Reply #130 on: June 18, 2015, 11:53:25 AM »

Most of the food tents and food trucks have been there every year. If they were getting screwed, I don't think they'd be coming back.
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TayFo

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Re: Bunbury 2015
« Reply #131 on: September 01, 2015, 12:35:05 PM »

I'm not ready for a new thread yet so:

June 3,4 & 5, 2016
Still at Sawyer Point and Yeatman's Cove
$153.80 after all the fees
My ticket is secured. Haven't missed a day yet.
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dirk

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Re: Bunbury 2015
« Reply #132 on: September 01, 2015, 03:00:36 PM »

I think I am going to hold off until they announce the lineup. After some of the debacles last year and the reduction to just 4 stages, I am not sure what to expect. Last year was a real mixed bag with some really awesome acts but some real stinkers as well. If they can give me 3 or 4 really solid acts I'll be in.
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euro60

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Re: Bunbury 2015
« Reply #133 on: September 01, 2015, 11:05:50 PM »

I'm not ready for a new thread yet so:

June 3,4 & 5, 2016
Still at Sawyer Point and Yeatman's Cove
$153.80 after all the fees
My ticket is secured. Haven't missed a day yet.
wow... I missed the announcement that this is up already for purchase.

Seeing that I paid $100 the last couple of years, this will be a 53% increase... Taylor, you and I were talking about this the other day, we thought it'd be in the $135-140 range, at least for the early buyers (line-up unknown).

But glad to hear it'll still be on the riverfront, where it truly belongs. (Being at the Taste of Blue Ash at Summit Park this past weekend for Third Eye Blind, that place has zero personality. None. And that's coming from a Blue Ash resident.)

ETA:

Just looked at the Bunbury website. "A very limited number of Early Bee GA passes" now available, and that's $153. I wonder what regular prices will be like, yikes. Sure, I'll cough up the money as I really want to go to this, but I'm pretty unhappy about the price increase.
« Last Edit: September 01, 2015, 11:19:17 PM by euro60 »
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TayFo

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Re: Bunbury 2015
« Reply #134 on: September 02, 2015, 12:13:18 PM »

I completely understand waiting for a lineup announcement. I end up going to Columbus a few times a year (like this Friday) and usually for Promowest gigs. They pretty much run Columbus and a venue in Pittsburgh. The do a great job up there and I trust they will do a good job on Bunbury. If anything I'd hope they would take over booking at Bogart's as well.
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