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Old 10-04-13 | 05:00 PM
  #42  
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surreal
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From: NJ
Originally Posted by BikeWise1
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.
Might be time for a new profession, if that's even remotely true. That would mean that you're losing money just keeping a minimum-wage mechanic employed at all, even if he replaces a spoke every hour for each hour that he works. If your estimate is accurate, then there would be no bikeshops. Zero.
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