I know there are so many message board posters that think they are experts at different things, but for the university to only make $2.62 per beer sold really is disappointing. Who gives a vendor a 65% cut on that?
I truly believe that if BobcatAttack took this on, not only would we have a better serving system in place, we'd make more money for the university AND have enough to buy all of us soft pretzels.
Actually the vendor gets it all and then pays the University a % based on total sales at the end of the year. The more money AVI makes the higher % return on concessions sales.
I understand that. My point is that the university should have signed a contract with a vendor that can provide a better deal for the school. Selling beer at a college stadium is really not that difficult, yet there were logistical issues -- long lines, supply issues, etc. -- that affected profits. Palmer Fest is run better. No way a vendor should be getting the 65% cut on this.
AVI has the concession rights, OHIO Athletics cannot simply divide up it's products mid-contract. If beer was going to be sold, beer was going to be sold through AVI. Want to introduce turkey legs onto next years menu, AVI will be the one selling those turkey legs.
If they can't handle regular staples of concessions -- beer, coffee, hot chocolate, pretzels -- how in the world can they expect to handle turkey legs? You may know more about the contract than I, but based on AVI's performance and the percent cuts, this doesn't seem to be the best contract for OHIO Athletics.
Edit: Billy, I'm not directing any frustration at you. I appreciate your intel on this and understand it is the way the contract is set up.
Last Edited: 11/28/2017 2:10:15 PM by OhioStunter