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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

  1. Enter daily valet parks.
  2. Enter valet rate per park.
  3. Enter operator labor cost per shift.
  4. Enter shifts per day.
  5. Enter house share %.
  6. 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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