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Commercial Patio Misting System – Payback Time
Fast Payback on Investment for your Restaurant
A commercial patio misting system can prove to be a worthwhile investment for your restaurant. It offers an extremely effective way to lower the outdoor temperature and enhance the comfort of your guests. Here are some key points that illustrate how quickly you can recoup your investment:
Energy savings: By using a misting system on your patio, you can reduce or even eliminate the need for air conditioning or fans. The cooling mist system allows you to lower the indoor temperature without the need for additional energy-intensive devices. This way, you can achieve significant savings in energy costs.
Increase in revenue: A comfortable and pleasant outdoor environment encourages more customers to use your patio and stay longer. Guests will enjoy the cooler ambiance and not be deterred by high temperatures. This can lead to an increase in customer frequency and revenue.
Extension of the patio season: In many regions, the patio season is limited due to high temperatures. With a misting system, you can overcome this limitation as the mist can significantly lower the ambient temperature. This way, you can continue to use your patio during the hot summer months and generate additional income.
Here’s an Example Calculation of the Investment Payback:
Let’s assume a restaurant has a patio with 50 seats and is open daily during the summer months. The cost of a high-quality misting system is $5,000.
- Energy savings: Let’s say you save $200 in energy costs per month by using the misting system.
- Increase in revenue: By improving the comfort on the patio, you increase customer frequency by 20%. Assuming a customer frequency of 50 customers per day during the summer months, now there would be 60 customers. If each customer pays $10, this would result in an additional revenue of $100 per day or $3,000 per month.
Investment / (Energy savings + Additional revenue per month) = Payback time
$5,000 / ($200 + $3,000) = $5,000 / $3,200 = 1.56 months
This means that your restaurant would recoup the investment in the commercial patio misting system in a little over 1.5 months if the customer frequency increases by 20% and each customer pays $10 per table.
We want to emphasize that this is a hypothetical example, and the actual payback time depends on various factors, including the size of the restaurant, the number of patio seats, the frequency of patio usage, and energy costs.