wpr
  • wpr
  • Preferred Member Topic Starter
13 years ago
I just saw a snippet on our local 10 pm news.

The manager of Mike Shannon's a restaurant a block away from Busch Stadium said if the World Series goes a full 7 games it is possible the restaurant will see a 15-20% increase in its annual receipts.

That is a staggering number considering this will happen in a little over a week's time and there would only be 4 games played in St Louis. Of course there would still be a lot of patrons there watching the games that are going to be played in Texas.

But 1/5th of their gross receipts in a week is a lot of liquor.

Crap. Zero I thought I was still in Random Babble. Instead of having a blank post here can you move it please?
UserPostedImage
Wade
  • Wade
  • Veteran Member
13 years ago

I just saw a snippet on our local 10 pm news.

The manager of Mike Shannon's a restaurant a block away from Busch Stadium said if the World Series goes a full 7 games it is possible the restaurant will see a 15-20% increase in its annual receipts.

That is a staggering number considering this will happen in a little over a week's time and there would only be 4 games played in St Louis. Of course there would still be a lot of patrons there watching the games that are going to be played in Texas.

But 1/5th of their gross receipts in a week is a lot of liquor.

Crap. Zero I thought I was still in Random Babble. Instead of having a blank post here can you move it please?

Originally Posted by: wpr 



If I recall correctly from my days in St. Louis, Mike Shannon was a local celeb re: Cardinals (did Cardinal radio network). And from my experience with one World Series game (against the Brewers, yes it was that long ago), I can imagine a big game-day increase.

Increased demand (perhaps accented by "celebrity factor") also likely means higher price.

To average an extra 15 percent over 52 weeks from a change in just 3 weeks, that change in the 3 weeks would have to be (52*15)/3 = 260%.

Say the restaurant jacked up prices by 10 percent. Then the he'd need extra revenues for the three weeks of about 230%.
Revenue = price x quantity
3.6 x regular weekly revenue = (1.1*regular price) x [(1+x)*quantity], where x = percentage increase in quantity of sales.
x - 1 = (3.6/1.1) -1 = percentage increase in weekly sales during a 3 week series = 227%.

Assuming that Mike Shannon's in non-Series weeks has some empty tables/bar stools/standing-and-drinking room, it's possible.

And do not be conformed to this world, but be transformed by the renewing of your mind, that you may prove what is that good and acceptable and perfect will of God.
Romans 12:2 (NKJV)
wpr
  • wpr
  • Preferred Member Topic Starter
13 years ago
Correct sir. Mike was a former player turned radio personality. He and his restaurant are very popular amongst fans. I have walked past it a hundred times. I was going to eat there once or twice but it was too crowded and the prices were more than I was willing to pay.

I love your formula. (I figure it is indeed possible. Staggering but possible.) Now boil that all down to a 7 day period. The manager said "if the series goes the full 7 games." I therefore assume he is not including the division series nor the championship series games so this is not over a 3 week time line.
Certainly there will be some increased sales during the off days that will augment the coffers but I doubt it will be as much as on gameday.

Edit- I realize that many retail operations get a huge influx of revenue/sales during the Christmas season. Very often 25-50% of their annual income comes from this time period. But that doesn't happen in a week to 10 day period like they were saying will happen at the restaurant. It happens over a minimum of 30 days to about 90 days. What is really shocking is that because Shannon is so popular and his place is so busy before and after the other 82 home games PLUS the fans who travel to St Louis on days when the team is out of town and decide to frequent his establishment it is not as if his restaurant sales are small.
UserPostedImage
Fan Shout
Zero2Cool (1h) : Oh? It wasn't on the injury report. That sucks, but it's what is best.
packerfanoutwest (2h) : Doubs is out due to concussion
beast (4h) : What does the weather look like?
Martha Careful (9h) : You can wear long-johns mittens and a hat. We want Hill and their other skill guys FROZEN
Zero2Cool (13h) : I'm not sure I hope for that. I'll be at the game.
Martha Careful (25-Nov) : I hope it is colder than a well-diggers ass on Thanksgiving night.
Zero2Cool (25-Nov) : doubt he wants to face the speedsters
beast (25-Nov) : Dolphins offense can be explosive... I wonder if we'll have Alexander back
Zero2Cool (25-Nov) : No Doubs could be issue Thursday
Mucky Tundra (25-Nov) : Bears. Santos. Blocked FG
Zero2Cool (24-Nov) : Bears. Vikings. OT
Mucky Tundra (24-Nov) : Thems the breaks I guess
Mucky Tundra (24-Nov) : Two players out and Williams had an injury designation this week but Oladapo is a healthy scratch
Zero2Cool (24-Nov) : Packers inactives vs 49ers: • CB Jaire Alexander • S Kitan Oladapo • LB Edgerrin Cooper • OL Jacob Monk
TheKanataThrilla (24-Nov) : Aaron Jones with a costly red zone fumble
Zero2Cool (24-Nov) : When we trade Malik for a 1st rounder, we'll need a new QB2.
packerfanoutwest (23-Nov) : Report: Aaron Rodgers wants to play in 2025, but not for the Jets
beast (23-Nov) : That's what I told the Police officer about my speed when he pulled me over
packerfanoutwest (23-Nov) : NFL told Bears that Packers’ blocked field goal was legal
packerfanoutwest (22-Nov) : 49ers are underdogs at Packers, ending streak of 36 straight games as favorites
Zero2Cool (22-Nov) : 49ers might be down their QB, DL, TE and LT?
packerfanoutwest (22-Nov) : Jaire Alexander says he has a torn PCL
Zero2Cool (20-Nov) : Even with the context it's ... what?
Mucky Tundra (20-Nov) : Matt LaFleur without context: “I don’t wanna pat you on the butt and you poop in my hand.”
beast (20-Nov) : We brought in a former Packers OL coach to help evaluate OL as a scout
beast (20-Nov) : Jets have been pretty good at picking DL
Zero2Cool (20-Nov) : He landed good players thanks to high draft slot. He isn't good.
Zero2Cool (20-Nov) : He can shove his knowledge up his ass. He knows nothing.
beast (20-Nov) : More knowledge, just like bring in the Jets head coach
Zero2Cool (19-Nov) : What? Why? Huh?
beast (19-Nov) : I wonder if the Packers might to try to bring Douglas in through Milt Hendrickson/Ravens connections
Zero2Cool (19-Nov) : The Jets fired Joe Douglas, per sources
packerfanoutwest (19-Nov) : Jets are a mess......
Zero2Cool (19-Nov) : Pretty sure Jets fired their scouting staff and just pluck former Packers.
Zero2Cool (19-Nov) : Jets sign Anders Carlson to their 53.
Zero2Cool (19-Nov) : When you cycle the weeks, the total over remains for season. But you get your W/L for that selected week. Confusing.
packerfanoutwest (19-Nov) : the total and percentage are the same as the previous weeks
packerfanoutwest (19-Nov) : the total and percentage are the same as the previous weeks
packerfanoutwest (19-Nov) : the totals are accurate..nrvrtmind
Zero2Cool (19-Nov) : I don't follow what you are saying. The totals are not the same as last week.
packerfanoutwest (19-Nov) : ok so then wht are the totals the same as last week?
Zero2Cool (19-Nov) : NFL Pick'em is auto updated when NFL Scores tab is clicked
Martha Careful (19-Nov) : The offense was OK. Let's not forget the Bear defense is very very good.
packerfanoutwest (19-Nov) : Who updates the leaderboard on NFLPickem?
beast (19-Nov) : Has the Packers offense been worse since the former Jets coach joined the Packers?
Zero2Cool (19-Nov) : Offense gets his ass in gear, this could be good.
Zero2Cool (19-Nov) : Backup QB helped with three wins. Special Teams contributed to three wins.
bboystyle (18-Nov) : Lions played outside thats why. They scored 16 and 17 in the only 2 outside games this year
Zero2Cool (18-Nov) : The rest of the NFL is catching up to Packers ... kicking is an issue throughout league
packerfanoutwest (18-Nov) : Packers DL Kenny Clark: We knew 'we were going to block' Bears' game-winning field goal attempt
Please sign in to use Fan Shout
2024 Packers Schedule
Friday, Sep 6 @ 7:15 PM
Eagles
Sunday, Sep 15 @ 12:00 PM
COLTS
Sunday, Sep 22 @ 12:00 PM
Titans
Sunday, Sep 29 @ 12:00 PM
VIKINGS
Sunday, Oct 6 @ 3:25 PM
Rams
Sunday, Oct 13 @ 12:00 PM
CARDINALS
Sunday, Oct 20 @ 12:00 PM
TEXANS
Sunday, Oct 27 @ 12:00 PM
Jaguars
Sunday, Nov 3 @ 3:25 PM
LIONS
Sunday, Nov 17 @ 12:00 PM
Bears
Sunday, Nov 24 @ 3:25 PM
49ERS
Thursday, Nov 28 @ 7:20 PM
DOLPHINS
Thursday, Dec 5 @ 7:15 PM
Lions
Sunday, Dec 15 @ 7:20 PM
Seahawks
Monday, Dec 23 @ 7:15 PM
SAINTS
Sunday, Dec 29 @ 12:00 PM
Vikings
Saturday, Jan 4 @ 11:00 PM
BEARS
Recent Topics
2h / Featured Content / Martha Careful

3h / Green Bay Packers Talk / Mucky Tundra

5h / Green Bay Packers Talk / wpr

7h / Green Bay Packers Talk / Zero2Cool

25-Nov / Green Bay Packers Talk / Zero2Cool

25-Nov / Green Bay Packers Talk / buckeyepackfan

24-Nov / Green Bay Packers Talk / buckeyepackfan

24-Nov / GameDay Threads / Zero2Cool

23-Nov / Green Bay Packers Talk / dfosterf

23-Nov / Green Bay Packers Talk / Zero2Cool

21-Nov / Green Bay Packers Talk / Martha Careful

21-Nov / Green Bay Packers Talk / Zero2Cool

21-Nov / Green Bay Packers Talk / beast

20-Nov / Green Bay Packers Talk / Zero2Cool

20-Nov / Green Bay Packers Talk / beast

Headlines
Copyright © 2006 - 2024 PackersHome.com™. All Rights Reserved.