I've been looking at several forums on open bars and now I'm scared that I'm budgeting too low for an open bar. I've budgeted $1000-1500! My venue has a bartender included with all the cups, ice and garnishes, non alcoholic beverages and we don't have to tip (but probably will). And our venue isn't charging tax.
We just have to supply the mixers and alcohol. Here's how I've calculated our alcohol costs for 200 guests...my ppl are more liquor and wine folks than beer folks. The venue will not allow shots so all of our hard drinks must be mixed. The Fiance and I have decided to not do champagne so that will save us loads!
I'm planning on doing the following
1. Wine - 3 buck chuck from trader joes or groupon wine delivery: ~$3/bottle - 100 bottles = $300
2. Hard liquor - I'm scouring the flipp app and selecting different 750ml bottles that are on sale for under $10 each. i'll buy the bottles here and there up until the wedding. Or, I'm going to go to Costco and try to buy in bulk - $10/ bottle - 40 bottles for $400
3. Cider and beer - for about $1 ea. I'm thinking 100 bottles of beer = $100 then cider costs about $3 each can so, 50 cans for $150
Adding everything up = $950...oh and we're buying our mixers (soda, juice) from the dollar store. I figure 50 jugs of juice/soda should be about $50...
Lastly, I'll probably add in 2 signature drinks that are pre mixed during the cocktail hour. That way we can slow how much folks drink later in the evening. Jose cuervo mixes with alcohol cost about $10 ea so, we're gonna buy different flavors, put ice in pitcher dispensers that we already own, and have them set out... that should come to no more than $50-$100. So if we do that would bring us to ~$1100, $1300 if we tip and account for sales tax.
Let me know what you think. Will this be enough alcohol or am I tripping? We figure most people will drink within the 4-5 hrs then we'll close the bar an hour early at 10pm or 11pm so folks can sober up by midnight.