For example, if a mountain bike is listed for $1,500, how much did the bike shop pay for the bike?
Answers from bike shop mechanics/owners would be very appreciated!!
2007-09-29 10:36:29 · 6 answers · asked by aswingmale71 1 in Sports ➔ Cycling
Markup on bikes is not huge. This is especially true for the upper end. You're looking at 32-35%. Now that's providing that you get list price for the bike. And we all know that these days everything is negotiated. Remember that you have to assemble the bike as well.
Now the markup on assessories is where shops make up for it. You're looking at 100% on many items that you add to these bikes.
2007-09-29 10:59:40 · answer #1 · answered by Jay P 7 · 0⤊ 0⤋
To some extent, you get what you pay for, but in a bike shop, you also pay for a better level of bike assembly and adjustment when you purchase, and you also pay for after sales service that is non existent at Walmart. It isn't much fun to ride a bike that needs repair the day you buy it, and will need much more maintenance to keep on the road. When I started cycling over 35 years ago, a cheap bike from a store like Walmart cost about $50, which in today's money would be almost 10 times as much. How good do you think a $100 bike could be today? The answer? Not nearly as good as the $50 bike all those years ago. If you actually want to use and enjoy your purchase even $300 may not be enough
2016-05-17 05:11:41 · answer #2 · answered by ? 3 · 0⤊ 0⤋
Markup On Bicycles
2017-01-19 10:04:03 · answer #3 · answered by Anonymous · 0⤊ 0⤋
A lot of manufacturers are listing Suggested Retail Prices now, so in our area, you can pretty much take the price in the mag, add about $30 bucks for assembly and another $50 if they have to order it. So yah it comes out to be about 30-35%Shops don't make their money on bikes, they make it on repairs and accessories. When i was in the biz, we loved Wal-Mart because they were the ones we always had in for repair time and time again. It was nothing to replace a rear wheel, dérailleur, and tune up almost daily. It was an easy $100.
2007-09-29 15:03:03 · answer #4 · answered by Scotty 2 · 0⤊ 0⤋
In my bike shop days mark up to retail is what Jay stated. We didn't average more than 25% with sales etc. And again with assembly, tuning, and free after sale tune ups it was close to zero. That's why I'm not in the biz anymore.
2007-09-29 11:29:15 · answer #5 · answered by Anonymous · 0⤊ 0⤋
I think it depends
2016-09-18 21:23:55 · answer #6 · answered by Anonymous · 0⤊ 0⤋