Just so I know...

"Rob" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

...what kind of %age profit does a bike shop make on an MTB?

sure I saw a flyer lying on the floor of my LBS, a trade auction, lots of 6
MTB's for about £150, go figure.

Quoted message said:

...what kind of %age profit does a bike shop make on an MTB?

dunno about MTB's specifically, but we were casually looking at cycle shop
businesses for sale the other day, and they seem to work on about 40%
overall, both large and small operations.

hth,

Tony B

In article <[email hidden]>,

Rob said:

...what kind of %age profit does a bike shop make on an MTB?

Anywhere between 0% and 2000%.

Depends upon where and when I buy them and how much joe public is
prepared to pay.

--
A T (Sandy) Morton
on the Bicycle Island
In the Global Village
http://www.millport.net

In article <[email hidden]>, Tony B

Quoted message said:

Quoted message said:

...what kind of %age profit does a bike shop make on an MTB?

Quoted message said:

dunno about MTB's specifically, but we were casually looking at
cycle shop businesses for sale the other day, and they seem to work
on about 40% overall, both large and small operations.

On 40% gross you would/could struggle. On 40% net I will transfer
and buy the shop.

--
A T (Sandy) Morton
on the Bicycle Island
In the Global Village
http://www.millport.net

On Thu, 16 Sep 2004 21:56:30 +0100, Sandy Morton <[email hidden]>

Quoted message said:

In article <[email hidden]>,

Rob said:

...what kind of %age profit does a bike shop make on an MTB?

Anywhere between 0% and 2000%.

Depends upon where and when I buy them and how much joe public is
prepared to pay.

I was thinking about the RRP. In fact shop prices seem largely
identical to internet prices on the models I'm looking at - in the
£200 to £250 range.....

-Rob

Rob said:

...what kind of %age profit does a bike shop make on an MTB?

No idea. But my LBS can be talked into a 10% discount.

Guy
--
May contain traces of irony. Contents liable to settle after posting.
http://www.chapmancentral.co.uk

88% of helmet statistics are made up, 65% of them at Washington
University

Just zis Guy, you know? <[email hidden]> wrote:

: No idea. But my LBS can be talked into a 10% discount.

Nearly all shops make only a small markup on new bikes and
a much larger markup on clothes, bits etc.

So asking for a discount on a new bike doesn't usually
work but asking for a lock to be thrown in often does.

--
Arthur Clune PGP/GPG Key: http://www.clune.org/pubkey.txt
"Technolibertarians make a philosophy out of a personality defect"
- Paulina Borsook

Arthur Clune said:

Nearly all shops make only a small markup on new bikes and
a much larger markup on clothes, bits etc.

Any idea what sort of markup they make on frames?

"Rob" <[email hidden]> wrote in message
news:[email hidden]...

Quoted message said:

...what kind of %age profit does a bike shop make on an MTB?

ta
-Rob

This is a bit "how long is a piece of string" and the answer wouldn't really
tell you that much anyway. The gross profit on each bike is not as
important as the operating profit i.e. after the shop's overheads have been
taken into account.

The gross profit will vary quite a lot, from shop to shop and from bike to
bike. For a high-volume, low-quality, box-shifter maybe 20% gross margin.
For a more specialist retailer, selling high-quality, handbuilt or
customised bikes it may be 50%. As I said, these figures don't mean very
much without understanding the business's overheads.

Ian

Rob said:

...what kind of %age profit does a bike shop make on an MTB?

AFAIK not much on complete bikes, but a massive amount on components,
particularly the anodised bike jewellery kind. Still not a way to make
money (unless you're SJSC, judging from their quite incredible prices).

wheelsgoround wrote:
taken into account.

Quoted message said:

The gross profit will vary quite a lot, from shop to shop and
from bike to bike. For a high-volume, low-quality, box-shifter
maybe 20% gross margin. For a more specialist retailer, selling
high-quality, handbuilt or customised bikes it may be 50%. As
I said, these figures don't mean very much without
understanding the business's overheads.

and even for bikes with the same ticket price (the going rate) various shops
will paying different wholesale price to the manufacturer. I'm pretty damn
sure that Evans selling a bike at £599 is making a bigger margin than the
LBS a few streets away matching the Evans' price.

Going through Evan's insurance replacemt desk at head office there is a
blanket 18% discount on all items, bike and all add ons, even if you are
arranging it yourself with a cheque from the insurance company.

PK

---

PK said:

wheelsgoround wrote:
taken into account.

Quoted message said:

The gross profit will vary quite a lot, from shop to shop and
from bike to bike. For a high-volume, low-quality, box-shifter
maybe 20% gross margin. For a more specialist retailer, selling
high-quality, handbuilt or customised bikes it may be 50%. As
I said, these figures don't mean very much without
understanding the business's overheads.

Going through Evan's insurance replacemt desk at head office there is a
blanket 18% discount on all items, bike and all add ons, even if you are
arranging it yourself with a cheque from the insurance company.

That would be nice to know next time I get an insured bike nicked.

A