Menubly Drink Pricing Calculator is a specialized tool designed to help bar owners, bartenders, and beverage managers optimize their drink pricing and maximize profitability. With this calculator, you can: How to use our Drink Pricing Calculator? 1. Add Ingredients. 2. Review Calculations. 3. Review the Ingredient Summary., When it comes to pricing liquor in your bar or restaurant, there are a few routes you can take and several factors to consider before deciding on the price tag. Think about your target demographic and your geographic location., Learn how to set drink prices correctly, and you’ll not only up your liquor sales and shore up your finances. You’ll also win over customers with fair menu pricing. To start, keep reading our guide to all things beverage costs. We’ll walk you through the best pricing strategy for your beverage program, including helpful averages and formulas., To understand how to price liquor, you need to put real numbers on your liquor cost and pour cost. Liquor Cost: This is the wholesale cost the bar owner pays for each liquor bottle. It’s the starting point for determining the profitability of your liquor sales., It might be finicky, but learning how to set your drink prices is a critical skill behind the bar. Not only do you need to make a profit, but you need to make sure your drinks sell—finding the perfect balance between the two can take some time., To complicate matters further (but actually make your life easier, trust us), most bar owners create a tiered pricing structure for cocktails. They categorize their liquors by price (and presumably by quality): well, call, premium, and super-premium..