Area51
Tele-Holic
So, I'm a member of a faculty and staff band at a university near Atlantic City. We formed about two years ago and play strictly covers, everything pop and rock from Beatles until now. We meet weekly and have dozens of songs in our repertoire now. We play at school functions and had our first show on campus scheduled before we had a drummer. So, there's always something to do. It's my first band (I wanted to call it the Institute for the Study of Gettin' Down, but the others weren't having it) and the first band for most of the other folks. A few weeks ago, one of the members was with a colleague downtown and they ran into a friend of that colleague who owns a venue. The guy said he was interested in having us if we could get 50 people there at $10 a pop to pay for the bartender and sound guy. We'd keep any extra (honestly, it'd go to the university scholarship fund). This strikes me as, you know, potentially fun, but is this how it's done? It feels like renting a venue for a private party (and charging friends to get in). I figure the guy plans to make his money off the bar reciepts. I'd have thought that the venue costs would have come primarily from alchohol sales. But I've literally never done this before, so what do I know?
Generally speaking, the only places with cover charges in my area are non-alcohol venues.
A very similar scheme to the one you mention is to pay the band a percentage of the proceeds from the evening. Often after a minimum is met. Basically if the band wants to make money they better get a lot of friends to show up and drink (and hope they tip well). Which isn't always easy for various reasons. I suppose the positive is its a step up from the places where you only play for tips.
If you're OK with the worst case being you don't make money but could get exposure and have fun, go for it.
A side point. I personally always order a drink when I go to see a band play. It's my way of supporting the band and the bar.