14bikeco custom bike

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  • If they can sell the whole bike for the price they list, ofcourse they are making money. This only tells me that profit margin on this bike items are extremely high.

  • i think that's usually the case. bike shops make more money off individual parts than full-bikes.

  • Always been the case that you normally get a far better deal buying a complete bike than the individual parts.

    (Even more pronounced when you buy second hand- and does not apply to just bikes.)

    Typically the margin gets lower the higher the value, but expect the bike shop to be making a minimum of 45% on most things, going to 85% and upwards for inner tubes and so on.

    Margin on clothing is massive.

  • If they can sell the whole bike for the price they list, ofcourse they are making money. This only tells me that profit margin on this bike items are extremely high.

    Profit margins on most items from any kind of shop are extremely high. Try running a shop (paying rent, tax, staff etc,.) and work out how how much stock you would have to sell per hour to make any money. Not easy.

  • Gross margins on most items from any kind of shop are extremely high. Try running a shop (paying rent, tax, staff etc,.) and work out how how much stock you would have to sell per hour to make any money. Not easy.

    fixed

  • When I ran a bar we ran at 70% Gross margin, converted after rent/bills/wages etc at 18% profit, which was pretty good in our industry.

  • fixed

    Cheers, I now feel like one of the losers on Dragon's Den (gross, profit, net - what do I need to know about that for I am only asking for you to give me £100K)

  • I have come to a conclusion that £700(This is due to the fact that the pound has weaken significantly) is the bare minimum you need to build a **new **bike with new components by sourcing your gear from online retailers. This bike will have the absolutely cheapest bottom of the line generic recommended components. The cheapest decent track frame I found is the BLB frame(IRO?) coming in at £199, the IRO Mark V around ~£220 which is hard to come by. Then you have your standard formula/ambrosio/system kit and some rigida rims. And this is building it yourself. And NO this would not be a very nice bike, it would be a nice basic custom cheapo bike.

    It is possible to build it cheaper by using 2nd hand gear, but it needs a lot of patients and time to constantly hunt down parts on ebay and various other places. Unless its a pet project or time is cheap for you, it may not be worth the time.

    Looking at the BLB OTP bikes at £675 and Condor bikes certainly looks like a bargain. Maybe I can even buy these bikes break them down and sell the parts on ebay, it would be a profitable business.

    Anyways, I still haven't gotten a bike. :(

  • Thing is, when I had a mosely at BLB's bike, the component they use are generally the cheapest (does not mean poorly made, unreliable etc. like System EX hubs, Andes cranks), so in comparison to Condor, it's basically a cheaper bike with cheaper component, if you want a better component (like Sugino or even Miche crankset for example) and a better frame, go for the Condor.

  • Thing is, when I had a mosely at BLB's bike, the component they use are generally the cheapest

    racist.
    in fact, Freudian Racist.

  • Margin on clothing is massive.

    Not true.
    Varies around the 50% mark

  • racist.
    in fact, Freudian Racist.

    A top rate Edscobian slip there :)

  • I don't know why these patients are so happy, maybe they managed to build a bike for less than £700 ;)

    It is possible to build it cheaper by using 2nd hand gear, but it needs a lot of patients

  • A top rate Edscobian slip there :)

    'Edscoblian'.

    Tsk, tsk. ;)

  • what am I? a Colombian city?

  • No, Ed, I don't think you're a Colombian city, but we can talk about it. :)

  • BleakReference: Do you mind telling us what sort of bike you got and how much did you spend?

    ps: some pictures would be great.

  • Getting components wrong is unforgivable. I went in for a routine colonoscopy and came out sprayed Metallic Autumnal Mauve with a Truvativ cranks stuck in my bowel. They're the ones I sold on here, actually.

  • It is possible to build it cheaper by using 2nd hand gear, but it needs a lot of patients and time to constantly hunt down parts on ebay and various other places. Unless its a pet project or time is cheap for you, it may not be worth the time.

    My time is not cheap and i don't have much patience. Yet despite this i still managed to build my first bike for £110 with 1 ebay purchase of a frame, 1 free 60's racing bike for parts, 1 second hand rear wheel £40 then £20 for tyres, chain, cables etc.
    This took 2 afternoons including getting the parts - less than a weekend.
    Built my 2nd bike with stuff off the forum with 2 evenings on here, 2 pickup missions and £87 built in a couple of hours.
    My bike is light, fast and works just fine. If you want a bike just get on with it. I had little prior mech skills but you've spent enough time looking on the internet that you could've been done long ago. Search function and sheldonbrown and you're ready to ride. My 2p

  • edmundro: I wish I am as efficient as you. How long did you spend researching bike building before you took the plunge? How much did you spend on buying the right tools? Did you install your own headset and lace your own wheels? The thing I'm afraid of is getting parts that don't work together and messing up the chainline. I also have to take into account the tools necessary if I'm building it myself and keeping to a budget. I'm sure all the research can be done over a weekend, what if you are fussy and want particular component for a particular price. But I have to agree, if you want to have a quick build and not too fussy, it definitely can be done.

  • not being fussy was certainly the key.
    i lurked on the forum for about 2 weeks soaking up knowledge, i posted 1 daft thread and got duly flamed for it. spent the whole time reading everything in the mechanics thread.
    I used the old headset cups that were in the frame when i got it, new bearings and grease ftw.
    used rear wheel in perfect nick for a bargin price.
    I spent very little on tools, befriended my lbs and used his and his sage advice in return for beer.
    Chainline is easy, get rear wheel, put in frame then as i had a cottered chainset it was just a case of routing through a box of axles til i got it right.
    Front wheel came off the free racer(check your local skip/recycling centre) as did the bars, stem, brakes, levers and brooks saddle.
    It really is a very simple process if you want to build a bike that you can ride everywhere and lockup without caring too much. If you're building your bike to be a fashion accessory and have definite must have parts then yes you do need to spend.
    In short, be nice to people and buy them beer and you can build a perfectly servicable bike in a weekend for less than £150.

  • What about getting a bike off the classifieds for around £300 or a Fuji Track for a bit more, find out how much you like riding fixed and gradually build a second ride.You will be able to give yourself more time to buy the parts that you want (There are some great people on the classifieds selling quality parts for very, very reasonable prices) and then flog the 1st bike on the forum. You might lose a bit of cash on the bike but you should make up for it on the parts that you find on the forum.


  • only pic i can find of my old bike. photo by miss kitty valentine.
    you can stay flashy til the day you die without spending a fortune!

  • whoever said £700 bare min for new parts, that bullshit

    £200 frame
    £100 wheels
    £100 chainset
    £100 rest.

    and that could be nice stuff.

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14bikeco custom bike

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