Yampa Valley Regional Airport’s new Three Wire Bar and Grill nearly posted record revenue in December. Doris Mayhan, the airport’s business manager, said Monday that the new restaurant and snack bar did $54,236 in total sales in its first month of business.

Photo by Matt Stensland

Yampa Valley Regional Airport’s new Three Wire Bar and Grill nearly posted record revenue in December. Doris Mayhan, the airport’s business manager, said Monday that the new restaurant and snack bar did $54,236 in total sales in its first month of business.

Hayden airport restaurant has strong 1st month

With Three Wire eatery, YVRA’s food and beverage revenue for December is highest since 2007

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— Despite getting a late start last month because of a water leak, Yampa Valley Regional Airport’s new Three Wire Bar and Grill nearly posted record revenue in December.

Doris Mayhan, the airport’s business manager, said Monday that the new restaurant and snack bar did $54,236 in total sales in its first month of business. She said the airport posted its highest restaurant revenue for December in 2007, when it made $60,163. In December 2010, the airport restaurant and snack bar took in just $18,219.

“Last month’s total puts the restaurant and snack bar revenue at the second highest (for December) in the history of food and beverage service at the airport,” Mayhan said. “It’s a pretty phenomenal total for us running our own restaurant for the first year. It shows that in past years there were some missed business opportunities for the restaurant, which we were able to recapture with a better location, better service and better products.”

Tami Fricault, general manager of Three Wire Bar and Grill, said sales were strong at the new restaurant in its inaugural month, but she is still hoping to break records. Entering her second full month of business in the terminal building, Fricault said she hopes to expand the restaurant’s closing hour from 4:30 p.m. to 9 p.m. on Fridays, Saturdays and Sundays to serve dinner and attract more locals. The bar, which currently is open from 7 a.m. to 4:30 p.m. seven days a week, already has been staying open later and offers specials on weekends during NFL playoff games.

“I’m a very competitive person and I always want to do more,” Fricault said Monday. “But I think our sales were good, especially after all that we went through with the water leak we had.”

The restaurateur said Three Wire’s most popular dishes so far include the Asian pulled pork and buffalo jalapeno brats, and the venue is currently on pace to surpass the airport’s January 2010 food and beverage revenue.

Fricault said Three Wire offers a 10 percent discount to Hayden residents and a 20 percent discount to county employees. The restaurant was finished late last year as part of the final phase of improvements at YVRA. The county chose to operate the restaurant itself after it received no interest from the private sector.

Hayden sales taxes

Meanwhile, the town of Hayden continues to draw a significant amount of its sales tax revenues from the airport and is on track to surpass its total 2010 collections by more than $50,000.

“We believe that because of last winter’s heavy snowfall, we got heavy revenue from the airport at the beginning of 2011,” Hayden Finance Director Lisa Dowling said about the increase in 2011 collections.

Collections were down 11 percent in November 2011, the latest collection figures available, compared to the previous year because a number of significant vendors did not file their taxes, Dowling said. She added that she expects that revenue to be filed and show up next month.

Hayden sales tax collections

To reach Scott Franz, call 970-871-4210 or email scottfranz@SteamboatToday.com

Comments

boater1 2 years, 3 months ago

nice! i wonder if anyone factored a certain amount of people from Hayden will go out and have a meal here too, as there are not many places to eat out in Hayden

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Brian Kotowski 2 years, 3 months ago

Revenues are only half the picture. What are the operating costs? What was the construction/permitting/licensing price tag? How much to repair the broken sewer line that delayed Three Wire's opening? As a venture financed and subsidized on the public dime, those seem reasonable questions we're entitled to have answered.

What say you, Pilot?

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John St Pierre 2 years, 3 months ago

I would not be patting myself to much on the back..... the past operators record of proper income reporting is still in question....comparing the income to the past is a major fiscal accounting mistake...... Also do they pay sales tax on they purchase??? They pay rent?

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Kuri 2 years, 3 months ago

Boater.... I doubt people from Hayden will go there to eat-- due to lack of staff, food service ends at 2pm. Having been through the airport multiple times in the last few weeks I can confidently say that, when 3 Wire is open, the food is excellent and the service is abysmally slow.

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addlip2U 2 years, 3 months ago

"Fricault said Three Wire offers a 10 percent discount to Hayden residents and a 20 percent discount to county employees."

Am I missing something? As a County tax payer supporting this "venture" (without a vote) should I not recieve a discount too?

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Scott Wedel 2 years, 3 months ago

Well, this release is quite interesting because when doing the public records request a month or so ago to learn the actual cost of the restaurant, I was told by the County that they'd know costs and revenues monthly. So how is that they released revenues without releasing costs?

Or did county release costs, but that part of the equations wasn't considered relevant by the newspaper?

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Brian Kotowski 2 years, 3 months ago

According to the Pilot's article of 11/24/11, Three Wire has two full-time county employees - each of whom "...make a little more than $38,400 annually plus benefits, and the possibility for a raise after six months." Factor in the benefits, and that's a 6-figure commitment annually, to those two people alone. Even if the restaurant's revenues match December's performance during each of the 4 months of the ski season, it won't cover even a fraction of that commitment. To say nothing of the other hourly wage earners on the payroll. Or the other operating expenses.

I hope the Pilot has the gumption to secure a breakdown of those expenses, and the wherewithal to publish them for all to see.

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