Retailer gross margins on bikes is ~50%. As in you normally sell a bike for roughly twice the wholesale price. But apparently a typical bike store runs a net p

Retailer gross margins on bikes is ~50%. As in you normally sell a bike for roughly twice the wholesale price. But apparently a typical bike store runs a net profit on the order of 5-10%. Having your COGs jump 10% is pretty significant then your net profits are that slim. It would wipe out a 5% net profit for example. https://www.bicycleretailer.com/opinion-analysis/2013/06/14/blog-formula-high-profit-bike-stores https://www.bicycleretailer.com/opinion-analysis/2013/06/14/... https://sharpsheets.io/blog/how-profitable-is-a-bike-shop/ https://sharpsheets.io/blog/how-profitable-is-a-bike-shop/