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In terms of labour yes, but parts and margins not so much. Worked for one large company that basically suggested unless we push the junk parts with the highest margins (because they are junk, £0.50p brake pads being put on folks bills for £6-7 a time, and the fact they are junk so just dissolve within 50 miles) to keep the parts margins super high for every single week of the year, we are all out of a job, as for some reason parts was a key metric for them.
Fact I didn't stay working for them long, and the several that followed me stayed even shorter amount of time might have been the hint they were cunts, but to this day they still do it, and somehow still have a good rep bizarrely.
Workshop should be able to return a consistent performance, the issues largely is supply issues due to not being in the EU (and staff, most of them were European and forced out by the Tory).
You’d need to raise the labour cost a bit, turn in at least 5k in labour alone/weeks, doable but like you said, need a lots of focus.
Be nice for bike shop not to pay VAT etc. on account of actually helping to fight climate changes