09-09-2013, 11:44 PM
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#80
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Willing to sell a family member for a few minutes on RS
Join Date: Apr 2011
Location: North vancouver
Posts: 14,251
Thanked 35,625 Times in 8,607 Posts
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Quote:
Originally Posted by Marshall Placid
Goes to the organizers.
Over "3,000" attended last year in 2012:
Luxury Supercar Weekend Archives - Income Property, Real Estate Investment in Canada
They did a charity drive for people who wanted to donate, but the tickets go directly to the organizers.
Interesting to see how well this year's show did.
Spoiler!
Rough Estimates ONLY below:
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Lets just say 5,000 came this time, up from 3,000 last year.
5,000 x $50 per ticket (not counting VIP and promo codes):
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$250,000 from ticket sales
Sponsors?
There were around 52+ sponsors.
Not sure how much it cost to sponsor...
Lets just say $3,000 per sponsor on average.
$156,000 from sponsors
$406,000 total in revenue streams
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1-Cost for catering and alcohol for VIP section:
Probably $35,000 to $50,000.
2-Event Staff of 30 paid + volunteers
$600 for 2 days x 30 = $18,000
3-Van Dusen Garden Rent for 2 days for the Garden
$12,000 per day at least x 2 = $24,000
4-Signs, tents, lighting equipment, technical/engineering crew
$25,000
Total cost: $117,000
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$406,000 - $117,000 = $289,000 profit.
This varies depending on how much the sponsors paid, and this is dependent on what tier the sponsors are (the largest to the smallest).
What do you guys think?
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Thanks for clarifying. I'd have no problem spending 50 bucks for a charity car show, but its kind of an insulting ticket price if its just making someone wealthy. I know money makes the world go round and all, but its just really steep for somewhere I may spend maximum an hour, and see (other than the obvious 2 examples) as nice of cars at any of the other shows/meets in vancouver, or on a weekly basis around burrard.
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98 technoviolet M3/2/5
Quote:
Originally Posted by boostfever
Westopher is correct.
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Quote:
Originally Posted by fsy82
seems like you got a dick up your ass well..get that checked
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Quote:
Originally Posted by punkwax
Well.. I’d hate to be the first to say it, but Westopher is correct.
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