Old 05-21-10 | 08:47 AM
  #9  
dynodonn's Avatar
dynodonn
On the lam
Titanium Club Membership
15 Anniversary
 
Joined: Dec 2006
Posts: 7,470
Likes: 97
From: The Village
Originally Posted by Dahon.Steve
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.
I suspect that is this is net profit and not gross profit, even at that, it's still very low for a net margin at just over 1 percent.
dynodonn is offline  
Reply