Originally Posted by
ratdog
At $33 how much do you think the LBS really made after paying their costs for the labor, spoke and nipple? And then figure this has to go against his rent and overhead cost of buying and maintaining the tools needed in the shop to make the repair.
About $1.32 at the end of the day. We work on a 4% net margin overall. A super-efficient, well-capitalized shop that paid cash for all its inventory, that is, they pay no interest on it, might clear up to $4 on that transaction.