Industry Report - Industry Investment Chapter
The Pubs, Bars and Nightclubs industry exhibits a low level of capital intensity. For every dollar spent on capital costs in 2018-19, an estimated $10.19 will be spent on wages. The industry is typically labour-intensive, as employees are required to provide customer service in a variety of areas such as liquor and food sales. As a result, the industry is more reliant on labour than fixed capital. Award wages also need to be paid to casual and part-time staff on weekends and public holidays, which can mean paying double-time or time and a half. Due to responsible service of alcohol laws, the industry is also required to predominantly employ staff over 18 years old, which increases wage costs. Ven...purchase to read more.
Additional Insights for the
Pubs, Bars and Nightclubs
Industry
IBISWorld has determined the most important Key Success Factors for the Pubs, Bars and Nightclubs are:
Proximity to key markets Membership of joint marketing/distribution operations Having a loyal customer base
IBISWorld analysts also discuss how external factors such as Real household discretionary income and Per capita alcohol consumption in the Pubs, Bars and Nightclubs industry impact industry performance..
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