(Closed) restaurant buyout pricing?

posted 7 years ago in Reception
Post # 3
Member
4336 posts
Honey bee
  • Wedding: October 2011

I’m not sure how you would save money because if you take the restaurant for the whole evening, your guests only fill those seats for ONE “round” of food and drink, but if the restaurant had regular patrons, they might be able to get in 3 “rounds” of people (eg, those who eat at 5, 6:30, and 8 pm, etc) who all buy a full dinner of food and drink.

That’s just a guess.

Post # 4
Member
242 posts
Helper bee
  • Wedding: February 2011

That seems outlandish to me! We did just that for our rehearsal dinner and it wasn’t nearly that much. For the sake of comparison, the restaurant was in Old San Juan in PR and very close to the cruise port (so a little touristy/pricey) and we had 80 guests. Everything was ~$4500 (including tax and tip). A couple of things contributed to the low cost, like the fact that it was on a Friday, it started at 8pm (so the restaurant was open to the public until ~7pm) and it only lasted about 2.5 hours (so the bar wasn’t open for too long). I would think even twice that amount would be reasonable for a longer event like a reception, but $19K sounds insane. Don’t be discouraged; I think you can find a better deal at another restaurant!

 

Post # 5
Member
4887 posts
Honey bee
  • Wedding: May 2012

@red_rose: This, exactly.

Your quote of $19,000 for 80 people = $237.50 pp

If they didn’t book you, they’d turn the tables 3, maybe even 4 times.  80 people x 4 turns = 320 people.  $19k divided by 320 people = $59 pp.  Which could very well be a close estimate to their average check per person if they didn’t shut down for your party.  You know?

Post # 6
Member
2232 posts
Buzzing bee
  • Wedding: September 2012

That sounds a bit high for 60-80 people. Just to give you an idea for places here in Toronto:

One place that I contacted with a capacity of 145 has a 12k buyout on a Saturday (lunch, don’t allow dinner), Sunday 8k. 

Another place that I contacted told me their Saturday buyout is 30k during high season. To me it’s not worth it since this particular place was too big, max capacity is 200. 

Plus taxes (13%)  and gratuities (15-20%) for both. 

Hopefully some of the other places that you’re in contact with come up with better pricing!

Post # 7
Member
2103 posts
Buzzing bee
  • Wedding: February 2013

East coast city

+

the fact that they won’t be able to turn the tables around as much as their regular business

+

possibly hiring more staff (bartenders/servers) to give you the real at-your-every-beck-and-call wedding experience

+

a Saturday evening where restaurants make their most business of the week (especially in the summer)

=

$$$ You’re going to have shell out a lot of money.

Changing the location (i.e. another restaurant in the suburbs or even another city), the date (not a Saturday), the time would all contribute to lowering the cost.

Post # 8
Member
61 posts
Worker bee
  • Wedding: July 2012

I looked into doing this at some of the nicer restaurants in Columbus Ohio and was quoted a $20,000 minimum so I guess this is normal. I was surprised too and thought it would be cheaper.

Post # 10
Member
10366 posts
Sugar Beekeeper
  • Wedding: September 2010

Get more quotes from other restaurants. One data point does not a statistic make.

For our rehearsal dinner, we rented out a private lounge at a sushi place for 35 people (high end in the most expensive area of San Diego, CA on the water) and even with an open bar, only paid $3000. If you have double the guest list, you can surely find something $10,000 or less.

Post # 11
Member
5885 posts
Bee Keeper
  • Wedding: October 2010

Why don’t you have it at a restaurant that can accomodate you in their private rooms? We had ours at a restaurant, but used their private room. We had 53 people, but it can hold up to 80.

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