LBS vs Online stores

Evans Cycles

Profit growth 103.83% pa
2009 profit £6.1m
2007 profit £1.5m
2009 sales £73.0m
2009 staff 715

From 2012

*** Its latest accounts for the year to last October show turnover rose from £84.1million to £94.3million.
However, pre-tax profits were only £893,000, down from £941,000 due to administrative expenses of £34million including restructuring costs and payments to a departing director.

This is why wanking around taking BB shells and stuck seatposts out is not and should not be a priority for any sane LBS.

I had heard they operated on a yearly profit of approx 1% so this kind of proves that.