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Valet Parking Margin Calculator
Valet parking generates service revenue and tips; hotel/restaurant splits with operator.
Annual house margin
$782,925
Daily revenue
$4,200
Daily house net
$2,145
How the math works
Revenue = parks × rate. Net = revenue − labor. House = net × share %.
120 × $35 = $4,200 − (450 × 2) = $3,300 × 65% = $2,145/day × 365 = $783k annual.
How to Use
- Enter daily valet parks.
- Enter valet rate per park.
- Enter operator labor cost per shift.
- Enter shifts per day.
- Enter house share %.
- Read daily + annual margin.
Frequently Asked Questions
Valet parking structure?
Hotel/restaurant uses 3rd-party valet operator (LAZ Valet, Elite Parking, Ace Parking) or runs in-house. Valet cost per park: $6-15 typical (labor + insurance + overhead). Valet charge to guest: $25-75 (hotel), $10-30 (restaurant). Tip: $2-10 per park to individual valet. House captures: charge − operator cost. Operator captures: labor cost covered + % of charge. Both share tips or valets keep.
Hotel valet economics?
400-room hotel with 70% auto travelers (280 cars), 60% paying valet (168 paid valets/day): $45 × 168 = $7,560/day gross. Operator cost: $2,500/day (5 FTE × $500/shift). Net: $5,060/day before revenue share. Hotel keeps 60-70%: $3,036-3,542/day × 365 = $1.1-1.3M/year. Major revenue line on full-service hotels. Self-park adds: $20-35/day incremental margin.
Restaurant valet?
Fine dining / club: 2-5 valets × 5-8 hour shifts nightly. 100-200 cars/night typical high-volume venue. Valet charge $12-20 + tip $5-10. Valet operator cost: $400-800/night. Net: $500-1,500/night to restaurant. High-end SF/NYC/LA steakhouse: $8k-15k/month valet revenue. Loss leader for high-end or mall restaurants — required service, not profit center. Profit center for high-volume venues.
Operator structures?
(1) Fixed fee: restaurant pays operator $X/shift, keeps all revenue. Simple but no upside. (2) Percentage: operator gets 10-30% of revenue + labor covered. Aligned interests. (3) Revenue share + minimum: operator guaranteed minimum + % above threshold. (4) Full outsource: operator keeps 100%, pays house fixed monthly fee (for exclusivity). Hotel typical: revenue share 60/40 or 70/30 in hotel favor.
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