Income Generator for Your Spanish Bar or Restaurant At New Year
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A New Year’s Eve Party
If you have an English bar or restaurant in Spain you can make a great income in the low season, when cash flow is less abundant, by putting on a good New Year’s Eve party.
The most profitable way to achieve this is to create an all ticket affair where you advertise the types of food, drink and entertainment you will be providing. To maximize ticket sales you should promote your party by word of mouth. You can also place a small box ad in the local press around mid-November. However, this may not be necessary once you are established - for example we normally sell out by word of mouth only, well before New Year’s Eve.
You’ll need to tell people if you’re going to have a sit down meal or a buffet. The buffet is in my opinion the most profitable option, and the least work intensive.
Make it clear which types of meat and seafood you’ll be preparing and make sure you mention that you’ll have plenty of vegetarian dishes too. If you do a really excellent buffet the first year, you will quickly establish a reputation and people will be ready and waiting to buy tickets when it’s time for your next party.
The entry ticket price should include all food and drink up to say just gone past midnight. Don’t forget to cost some Spanish Cava (Spanish Champagne) into the price of the ticket. I normally allow 2 glasses per head. It is important to have a few spare bottles of Cava in reserve just in case there’s more demand than anticipated.
A lot of large restaurants will be putting on very expensive cabaret dinners. This leaves a big gap in the market for smaller establishments to fill. Lots of people on the Costa del Sol want to go out to a restaurant on New Year’s Eve; some will want to spend wildly, but there are plenty of people including a many of your regulars who will prefer the smaller less expensive celebrations, in your bar, where they can party with a crowd that they already know.

