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50% profit on the bike, 100% on the service but I know what you’re saying.
Also though, I guess Evans has considerable buying power so £500 as a cost price for a £1k bike might be realistic, in the small lbs I worked in I’d say £750-800 for a £1k bike was more likely.
M_V-
You’re right, they do have more buying power this able to offer bigger discounts if necessary, hence why they’re lax when it come to says, fitting new cables in bicycle for free during a service, it’s actually up to the stores rather than HO, which is odd.
50% profit on the bike, 100% on the service but I know what you’re saying.
Yeah, selling threes bicycles usually enough to meet daily target whether workshop need all days to barely hit that.
edscoble
£1,000 bike = £500 profit (60 minutes)
£60 service = £60 profit (90 minutes)
(this is simplified, as I didn't account for VAT and such).