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How GBC Barter Works For a Restaurant Owner

How GBC Barter Works For a Restaurant Owner

Restaurant owners have a tough time dealing with vanishing inventories. Every vacant table is essentially unsold inventory—a loss of revenue at the end of every day.

Let’s do the math:  If your food costs are 35% of your sales, then 35% of each diner’s tab is the wholesale cost of product, and 65% of the tab is a net loss when you have an unoccupied table. But...what if you could monetize those unused tables and turn them into buying power? Not only will you negate the loss, you turn vanishing inventory into essential goods and services like advertising, cleaning services or a new refrigerator. 

Even more impressive is that you’ve just acquired these services at 35 cents on the dollar. If you trade for a refrigerator that costs $20,000, you’ve actually purchased it for $7,000! And, by filling tables, you are attracting new patrons who become cash customers. And a full, busy restaurant boosts your quality image.

Who doesn’t want to save cash? Who doesn’t want to purchase goods and services for cents on the dollar?  If the outlay is your cost of goods or unused time and labor, but you are trading for full retail price, you are getting a tremendous bargain. Unsellable inventory or unbillable downtime (net losses) is converted into purchase power. It’s not long before you grasp the amazing potential of GBC membership: buying what you need for cents on the dollar, increasing your business exponentially through new customers and conserving your cash resources!

NEXT: How Barter Works for a Retail Store Owner


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