Solutions for Speedy Cash Transactions

Bars and nightclubs across the U.S. represent sociable environments for patrons. With almost 1 million establishments across the country, managers and owners face the daunting task of operating these environments efficiently. Providing exceptional service, experience, and safety for customers as well as abiding by federal and state laws, codes and ordinances are just a few things owners must consider. Cash handling issues or the lack there-of smooth, secure transactions create additional pressure for owners.

 

The average bar and nightclub generates $200,000 annually, with unspecified amounts in cash. Over 20 million American adults frequent bars and nightclubs, averaging $81 on a night out every weekend across U.S. cities. College students and club-goers spend 23-45% of the cash they withdraw, $60 on average, where they go.

 

The fast paced nature of these environments makes them financially rewarding and advantageous to owners, if operated right. Securely capturing each transaction and storing bills and coins is a major cash management problem, compounded by theft among employees and mismanagement of cash bills.

 

Bar and nightclubs require high capacity tills to accommodate a large volume of cash transactions. APG Cash Drawer has POS solutions to resolve all cash management issues regardless of the size or scope.

 

Facts + Statistics

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Cash Usage in Bars & Clubs


The weekly average club-goer spends about $81 on a night out

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Cash Usage in Bars & Clubs


Customers spend 25-45% of their withdrawals, avg. of $60 (NCB)

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Bars + Clubs Revenue


Received $710 billion in Food & Drink sales (RIA, Dun & Bradstreet)

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Bars + Clubs Revenue


$26 Billion accounted for revenue with 1.4% sales increase (IBISWorld)

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US Bars + Clubs


Currently hovers around 970K Locations | 400K Employees

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US Bars + Clubs


Have 590K bartenders and 409K club employees, 5.56 workers per (Technomic)

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Major Revenue Source


In industry consists of Beer (35%) | Hard liquor (30%)

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Major Revenue Source


Non-Alcoholic (20%) | Wine (7%) | (BarTAB Report)

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Bars + Clubs Opportunities


Demand is driven by income and entertainment needs (ANA)

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Bars + Clubs Opportunities


Depends on the ability to drive traffic and develop a loyal clientele


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Reliable Opinions

testimonial Aug 17, 2018
"

We have had APG cash drawers through out the years and they are very durable and they never seem to have a problem with opening. The other cash drawers ,that we tried to use, always seemed to be very slow...

"

- Eric Lawler, La Grange Theatre (Series 4000 Cash Drawer)

testimonial Aug 17, 2018
"

Great and efficient service

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- Justin Guting, Cedar Fair Entertainment Group, (Series 4000 Cash Drawer)

testimonial Aug 17, 2018
"

Last drawer lasted for 15 years of continuous use.

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- Mary Stewart, Ranch Acres Wine & Spirits (Series 4000 Cash Drawer)

testimonial Aug 17, 2018
"

Well made, high quality product! I spent years in jobs that included lots of cash handling. This cash drawer is the nicest I've seen. It's solid build will last for years and its finish is just lovely. It triggers cleanly...

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- Tony Cuozzo, Amazon Shopper