Old 05-20-10 | 10:22 PM
  #6  
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undisputed83
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From: Westbrook, Maine

Bikes: 2011 Litespeed M-1, 1991 Raleigh Technium (Commuter)

Originally Posted by Dahon.Steve
I know this sounds hard to believe but there's not a huge profit margin even from a 1K bike. I remember back in high school a $119.00 dollar bicycle had a profit margin of about $1.30!!! I suspect it's less than that today but people think a local bike shop makes more but it's probably less.

Last week a customer walked into the LBS I frequnt and said he wanted to buy a full size hybrid. You're not going to believe this but he told the owner he would buy the hybrid only if he received a BMX for FREE as part of the purchase!

So if an LBS made $1.30 off that $119 bike... he'd have to sell roughly 90 bikes a week to make $100? That sounds grossly inaccurate...
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