Bar Information: Part I

Published 1:32pm on 25 Jun 2026

The MBYC Governing Board has been reviewing Bar operations since March 2026.

Several documents have been collected and can be found below for your review:

1. Profit and Loss Statement comparing last year, October 1, 2024- September 30, 2025 March 31, 2025 , one year, to a 6 month window, October 1, 2025-March 31, 2026.

You will see last year the Bar lost -$14, 957.82
You will see in the 6 months of this year, so far, the Bar lost
-$10,849.61
 
Based on this analysis, It is predicted that the Bar will lose -$20,000 by year end.

2. With help from a Volunteer, Yacht Clubs in the South were contacted regarding their Bar Operations and the summary is attached.

You will see that most Clubs have limited Bar access; only Sidney North Saanich and Royal Victoria with many members have relatively good service and staff.
You will see that many Yacht Clubs operate their Bars with Volunteers.
You will see that no other Yacht Clubs have discounted Happy Hours.

3. The next research was look at a Summary of Bar Revenue by day of the week. The attached document shows the Average Bar income per day from November 30, 2025 to February 14, 2026.

You will see the lowest revenue days of the week are Tuesday and Thursday, which are discount Happy Hour days; these days the amount of revenue is not covering the cost of operating the Bar.

4. The cost of operating the Bar includes:

• liquor purchase
• Bartenders staffing
• Liquor Control Branch insurance
• equipment cleaning(draft beer)
• breakage/glass replacement
• spillage
• uniforms
• maintenance for ice machine
• dishwasher/steamer replacement & maintenance(when required)
• Rental of Bar till
• Walk in cooler replacement & maintenance (when required)
• Cleaning supplies
• replacement of air fryer & hotdog machine

No costs are included for administrative or bookkeeping support.

5. We have also looked into our inventory and noted that we are carrying too much stock. In March we had $8,000 of stock; in April , 2026 we show we are carrying $ 9,000 worth of stocked items. Some of the stocked items are not selling so we sold off a number of bottles.

6. Inventory is recorded every month. In close analysis, We noted that some items have been priced at too low an amount , given the price we are paying to purchase them. For example, the  price of a glass of juice is $1.25 which is very low compared to the cost; we changed the price to $2.50, which meets the cost of the product. We also noted that juice in mixed drinks has not been added to the cost of the drink .

There are a number of items that are too low compared to the cost of purchase. We will change them as we go.

7. No costs for administration or bookkeeping are included.

Downloads

• Yacht club bar hours in area.pdf
• MBYC bar revenue.pdf
• Bar PL to Feb 16, 2026 compared to prior year.pdf

Last updated 5:06pm on 25 June 2026