Blaze Bar & Restaurant - Sample Restaurant Business Plan

17 Note: The numbers for the above figure has been simulated. Revenue volumes for the drinking places industry saw a steep decline in 2009 due to a combination of reduced traffic volumes and lower check prices among patrons who purchased both fewer and less expensive drinks. 4 Taverns were the largest sector within the industry with 19,660 drinking places, it accounts for more than 32% of the market, bars and lounges represented 19.8%, edging out drinking places share about 19.5% of the market, cocktail lounges represented 11.5% and night clubs had 8.6% share of the market. 5 4 http://198.64.128.117/publications/documents/hospitality/RestaurantIndustryForecastReport-Oct2010.pdf 5 http://www.nciaa.com/content.aspx?page_id=22&club_id=160641&module_id=29898