In my past life I worked at a Cooperative Bike Shop in Berkeley (Missing Link). For a few years there I also did the books. We were a decently run medium sized shop during my run in the mid to late 90s. The big-picture view of our budget that I always carried around was that we'd always do $2million in annual sales. Total cost of goods sold $1.2million. That left $800,000 for a 40% gross margin. Our annual expenses were in the ballpark of $700,000 which was mostly paying 19 people their $12 an hour. That left $100,000 for a nice end of year bonus. So a full-timer could maybe approach $30,000 a year. That's about how it works. Some shops are bigger and some are smaller, but those are about the numbers.
On Tuesday, May 6, 2014 9:32:40 AM UTC-7, Chris in Redding, Ca. wrote: > > Hey All, > This was new to me, so maybe new to some of you all too. > Regards, > Chris > Redding, Ca. > > > > http://www.bikerumor.com/2014/05/06/a-25-year-old-psa-on-the-price-of-bikes-from-bridgestone/ > -- You received this message because you are subscribed to the Google Groups "RBW Owners Bunch" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To post to this group, send email to [email protected]. Visit this group at http://groups.google.com/group/rbw-owners-bunch. For more options, visit https://groups.google.com/d/optout.
