Originally posted by Hunter
Fubar is correct. Owning a bike shop is not something you will get rich at. Most shops make about $15 to 25 dollars to sell a bike. Your accessories and components are where you can make money. The most money to be made is in repair.
Hunter,
But on this one I Will totally disagree with you, I will just cite you a simple example, On My fave, LBS. I bought a Dura Ace Brakeset for C$140.00, but when I asked a another Bike shop near my house, the store Clerk or Owner quoted a price for C$260.00, my fave LBS, I think only make about $20.00 on that Item , but the bike store near my house will probably make like double or triple the profit, So I beleive this bike shop owner are in bussiness coz' they make a lot of profit on the parts they sell, and not on the repairs that they do