The Money Go Round- Hull Fair

I gave in to a stereotypical middle aged geek urge to try to calculate the hourly income generation of Hull Fair.

This was written a couple of years ago now and so some of the prices for rides and nosh might have shown a small increase with inflationary pressures- especially the novelty balloons.

This is my calculation based on guesstimate, prejudice, inappropriate stock judgements and not a very detailed knowledge of the economics of a very large, slick and efficient commercial enterprise.

I divided up the Fair into broad groups based on form and function.

This covers the multi-million pound Mega Rides right down to the individual hawker with a fistful of helium balloons.

I then estimated the average spend of a visitor to each category, how many visitors could be served at a time and how many times the transaction could be done per hour.

For example, Bob Carvers Chip Emporium has about 15 servers who could turn around a punter every two minutes from order to payment therefore 30 per hour at an average spend of £7.40 assuming 2 portions of pattie, chips and peas.

I applied this across the full range even down to Eva Petulengro Fortune Teller and stalker of Coronation  Street Stars who can, I guess, throw considerable uncertainty into the ongoing lives of 6 people per hour for £5 a go.

The full calculation is as follows;

Fast Food Concessions.
Average take £3, 5 servings at a time, 2 minutes duration, 30 per hour, 50 stalls

Fortune Tellers.
Average take £5, 1 at a time but with 5 caravan based clairvoyants, 10 minutes consultation, so 6 per hour.

Major Rides.
£2.50 average fare, 25 per ride, 12 revolutions, cycles or inversions per hour, 20 such high tech marvels of inertia and motion.

Traditional side stalls.
£1.50 per chuck, launch, shot, hook a duck, 10 people at a time, 2 minutes of adrenaline soaked enjoyment, 30 per hour across 40 very similar stalls with this years top promotion of Meerkats.
Special category for dart throwing stalls.£1.50 , 10 men, 2 minutes including a cigarette, 30 per hour, 20 anachronistic and chauvinistic booth operators.

Bob Carvers, carried over from the illustrative section above.

Children's rides.
£1 fare from grandma's purse. 20 per ride unless the toy cars have not yet been dettol'd so allow for 75% occupancy, 12 sessions per hour, I reckon about 10 old style rides just surviving the high tech expectations of the under-5's.

Amusements/slots/falls.
£2 average spend, a lot of 2p's, 50 punters per arcade, disillusionment kicks in with fresh blood every 5 minutes, 5 arcades all possibly operated by the same company.

One-off specials.
Difficult to see how these actually pay the operators. Cost of £10 per person, teamed up possibly with a perfect stranger to be elastic-launched no-where and be photographed of how you would look faced with the your worst nightmare or entering the Big Brother House. 10 minute set up and ride time so only 5 boings per hour. Possibly 2 of these ridiculous pieces of showboating equipment.

Traditional stalls selling candy floss, toffee apples, liquorice whips.
Average spend £2, well staffed so 10 people served at a time, 2 minutes customer interface time, 30 similar stalls but strong representation from Wrights of Brighouse.

Hawkers
Vendors of balloons, light-up hats, battery operated pets in baskets, whistles reminiscent of childhood Punch and Judy but cringingly annoying after 5 seconds. £3 per spend, 12 sales per hour with 30 high viz vested sellers.

I think that I have covered all income generating areas but if you can think of any more please fill in the dotted lines and carry over to my gross figure....................................................................................
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As the Americans always say incorrectly ' Now for the math'.

My hourly gross figure working through my calculations comes to £105,420 per hour for the peak evening sessions from 7pm to closing time.

This produces a global gross figure for the peak hours and over the 8 nights of the Fair of £3,373,440.

Making allowances for bad weather, exceptionally fine weather and those afraid of the dark who only attend in the daylight hours there is considerable scope for fluctuations in figures.

There are of course significant costs to be offset against this figure which I, no doubt, will ponder in the wee small waking hours of the next week or so.