​(Hospitality/entertainment)How would you aim to structure a dinner theatre deal like the one below?

Hi all,

Just wondering if anyone has off the cuff ideas about “who gets what” in the below dinner & show scenario.

I have actors and a play and an audience ready to buy tickets to see the play.

A restaurant I’d like to partner with has the venue/performance space (separate from their main dining area, and usually empty) that I’d like to use. The audience of my play would also buy a meal as part of the ticket price, and be encouraged to order drinks.

The restaurant would make dinner and drinks sales that they likely otherwise would not have made due to my audience coming to their venue.

I get to use a venue.

How might you approach splitting the net profit in a situation like this? Would simply I consider my venue rental as “paid” due to the income they’re earning from my audience, and no money changes hands? Would I give them 50% of the net ticket sales and they give me 50% of the net F&B sales?

Or just both parties’ profits together and divide in half?

Or should I ask to keep my ticket profits plus a percentage of their F&B profits as they wouldn’t have made those sales without my audience, and margins on alcohol sales are usually in the seller’s favor (as opposed play producing, which has quite unfavorable margins)?

Genuinely open to any version of this, and humbly acknowledge that my above suggestions may be way off.

Many thanks!!