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Free tool · Revenue & Front Office

Banquet & Event Pricing Calculator

Banquet quotes go wrong when one cost gets forgotten, the extra AV setup, the last-minute staff, the decor add-on, and the margin quietly disappears. This calculator adds plate cost, hall rental, staffing and other costs together, applies your target margin, then adds GST for the number you actually send the client.

Revenue & Front Office — Banquet & Event Pricing Calculator
In short

Final quote = [(plate cost times guests) plus hall rental plus staff plus other costs] divided by (1 minus margin %), with GST added on top.

Total cost = (plate cost × guests) + hall rental + staff + other. Price with margin = total cost ÷ (1 − margin % ÷ 100). GST is added on top for the final quote.
Total food cost
₹90,000.00
Total event cost
₹2,10,000.00
Price before GST
₹2,80,000.00
Per guest (before GST)
₹1,400.00
Final quote (incl. GST)
₹3,30,400.00
Per guest (incl. GST)
₹1,652.00

How to use the Banquet & Event Pricing Calculator

  1. Enter food cost per plate.
  2. Enter number of guests.
  3. Enter hall / venue rental.
  4. Enter service staff cost.
  5. Enter other costs (decor, av, etc.).
  6. Enter target margin %.
  7. Enter gst %.
  8. Read your results instantly, updated live as you type.

Worked example

Food cost per plate450
Number of guests200
Hall / venue rental80000
Service staff cost25000
Other costs (decor, AV, etc.)15000
Target margin %25 %
GST %18 %
Total food cost
₹90,000.00
Total event cost
₹2,10,000.00
Price before GST
₹2,80,000.00
Per guest (before GST)
₹1,400.00
Final quote (incl. GST)
₹3,30,400.00
Per guest (incl. GST)
₹1,652.00

Frequently asked questions

What margin should I target on banquet events?

Most banquet operations target 20-30% margin after all direct costs, higher for peak wedding-season dates where demand lets you hold the price, lower for off-season or repeat-corporate bookings where you are competing on rate.

Should staffing cost include the regular kitchen team?

No, only the incremental staff brought on specifically for the event, extra service staff, valet, security. Your regular team's cost is already covered by the restaurant's fixed labor cost, adding it again here would double-count it.

How do I handle a client who wants a per-guest quote instead of a total?

Divide the final quote (after margin and GST) by the guest count, this calculator does that automatically. Just confirm the guest count is a guarantee, not an estimate, since under-guaranteeing is the single most common way banquet margins get eaten.

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