Cost‑Per‑Glass Calculator: Planning a Fundraiser Cocktail Party For 10
A fundraiser cocktail party is one where guests experience a wide variety of drinks, cocktails and quick bites while also collectively gathering to support, uplift and fund for a noble cause. If you’re a cocktail connoisseur, love hosting people and making them feel welcome, and actively care for and work towards causes close to your heart, we might have just given you your next event idea.
When hosting a fundraiser cocktail party at home, there are a number of factors to keep into account — the kinds of liquor you have, the quantity of glasses and snacks before and during the sipping, but also the total costs involved in all the drinks you pour per glass and make. It becomes important to ensure that everyone’s preferred choices are covered while also keeping per serve costs economical while raising money. Irrespective of the cause you’re collecting funds for, as a host, you might have a lot of work and math to do if you want to organise a successful fundraiser while also ensuring that your guests are satiated with the range of cocktails.
If you’re the architect behind a fundraiser cocktail party or are attending one soon, read on to find out more about how bottle prices (regardless of the quantity and type of liquor in the bottle) can be broken down into per-serve costs.
Also Read: How To Set Up A Colourful Cocktail Party At Home: Festive Tips For Hosts
Step-by-Step: Every Glass Counts
Bars and restaurants usually have a serving and pricing guide they follow, and this is completely dependent on the country and what kind of outlet it is. While hosting a fundraiser cocktail party at home, you must make sure that your per-serve costs are equal for all your guests. If you have a group of ten people attending your event, you’ll have at least ten glasses that will cost a certain amount based on the quantity of liquor in the bottle and the price of the bottle itself. Here’s a step-by-step guide on how to break down bottle price into per-serve costs at your party.
- Determine the number of glasses, bottle price and quantity: Before you calculate how much each glass will cost each guest, go through what bottles you have, how much they cost and how many glasses you’ll require for drinks and cocktails.
- Determine how much the bottle can serve in total: Each bottle will be able to serve a set number of guests. For example, if you have a 750 ml bottle and the quantity per serve is 30 ml, the bottle can easily fill 25 glasses. Likewise, if you have 180 ml bottles with the same per-serve quantity, you can serve a total of 6.
- Finally, calculate cost per glass: Let’s now take the example of a typical bottle of vodka, which is one of the most widely used liquors due to its neutral flavour profile and clear appearance. A quality 750 ml bottle of Ketel One Premium Distilled Vodka or any other vodka of your choice costs between Rs. 2500 to Rs. 3500. With a Rs. 2500 bottle and 25 glasses, each glass will cost Rs. 100. But if you’re looking to serve only 10 people, then the cost increases to Rs. 250. And in doing so, at least 450 ml of the bottle you’ve used will also remain unused. In such a case, you might want to look for bottles of smaller sizes which will help serve 10 people while not having any left over.
Now calculating per-serve prices shouldn’t be as difficult; all you have to do is first, have the quantity of the primary bottle ready and then divide that number to find out how many it can serve. After that, just divide the cost of the bottle with the number of servings you just calculated. You can continue to follow this process for the rest of the drinks, should you choose to make more.
Drink Responsibly. This communication is for audiences above the age of 25.
