Originally Posted by
surreal
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.
Yep...he's pretty much dead on w/ the 4% number. That's after everything is paid for. Inventory, and all bills. All payroll. People (99% of them anyway) don't get into the bike business to get rich.