There is not a single beer on their list under $1.00. A 12oz bud light is $.96 they server 16OZ, over $1.00 (I want to say about $1.10/can, maybe more since its one of those twist of cans) AT COST - then add in the expense of ordering/storing/serving.
Not sure if they have to pay a deposit on top of that too, which inevitably they don't 100% get back since most people just toss into regular trash.