Some Quick Granada Facts
It will cost you about $2,500.00 a day to put on a show at the new Granada Theater, Monday-Thursday. $3,500.00 Friday-Sunday. That will include the whole Theater . . . or course you'll need to pay extra for Front Lobby Staff (100.00/performance), Plus $2,000,000.00 ( 2 Million ) in Comprehensive Insurance Coverage. $500.00 per performance if you want to use the House Steinway Piano ( oh, and you'll need to pay the going rate for the Piano Tuner ).
You'll also need to pay for Spotlight Operators, Pay a percentage of Merchandise Sales 20%-25%, as of now there is no info on Backstage DSL access, a Box Office Chargeback of .25 cents . . . So lets see - to pull off a concert with the lowest cost for tickets . . . you'll need to charge about $4.75 which brings in $7,362.50 Total - Less the Rental Fee for the Weekend, Insurance and Staff - You should end up at about even! If you sell 1,550 tickets!
So, if you have a $20.00 ticket price . . . You could hypothetically bring in $31,000.00 before Expenses!
Photo of Granada Building from 1999
Wow that's it? Sign me up!
Just kidding. So will you break even with your $4.75 ticket price on a weekday or weekend? That extra $1000 on a weekend is a b****.
Good math skills by the way.
Posted by: Joe Bunting | March 05, 2008 at 01:31 PM