What's the industry standard commission rate for event and banquet sales in a private restaurant?

The industry standard commission rate for event and banquet sales in a private restaurant typically ranges from 10% to 20% of the total sales generated from the event. This rate can vary based on factors such as the restaurant's location, reputation, and the specific arrangements made with the sales staff. Some establishments may also offer tiered commission structures to incentivize higher sales volumes. Additionally, commissions may differ based on the type of event or specific client agreements.