A busy pub asked us for help as they had been consistently making a loss and were having trouble meeting their overheads.
We undertook a thorough stocktaking process and our results showed a very low GP of 42% and a stock deficit of £3,022 in 21 days.
After discussion with the owners, we ascertained that nobody was checking deliveries in and in fact they were simply being left
by the dray in the back yard. We asked them to be on site when the next delivery was due and to check the stock in carefully.
Of the 28 products on the delivery note, 5 were either short delivered or not there at all.
We then conducted a covert visit one evening to find out what was going on during trading hours in the owners absence.
Staff were giving away drinks with no sale through the till and one person was under ringing drinks. Once we had informed the owners of our findings, we set out a plan to stop the losses using simple daily checks.
Once this had been instigated and the offending staff removed, the subsequent stocktakes showed a healthier profit margin of 65% and a small deficit of £35.
Within the matter of a few months the pub was turning a healthy profit again and our constant monitoring of the situation means that this improved profitability will be ongoing and sustainable.
If you think we could be of help to your business, please contact us:
T 020 8464 9777