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RE: Who knows? If not, take a guess!
Can't be that bad rthe way some bow companies advertise. I have a friend that owns a bow shop. He's small, but he can under cut any other shop in town for new bows and thats with a 40% mark up.
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RE: Who knows? If not, take a guess!
His was reply was...
"If I told you, I'd have to kill you". I thought we were closer then that! I'll still try and get it out of him. What a great guy! [:-] :D |
RE: Who knows? If not, take a guess!
ORIGINAL: sandilands Can't be that bad rthe way some bow companies advertise. I have a friend that owns a bow shop. He's small, but he can under cut any other shop in town for new bows and thats with a 40% mark up. The dealersreally make a LOT less $$$ than you guys may think. I have no idea on the manufacturers, but I suspect it's a lot lower than you think there too. I imagine their margin is significantly less than the shops even. I used to want to own and run a shop until I realized this, I may still do it someday but it won't be because I want to make money doing it. If I'm ever financially stable enough to retire and need something to do to keep me occupied.......it might be an OK option then. I wouldn't want to try and raise a familydoing it though. Just some food for thought for you guys............... I worked for a shop for 2x years, one of the larger and more successful shops in a fairly populated area that is a bowhunting only zone. It took them about a$250k out of pocket startup cost, and 70 hours a week for the owner alone..............to make less profitthan I did with my first job out of college. No one is getting rich in this business. ;) |
RE: Who knows? If not, take a guess!
I know, but I ain't saying. It isn't a dollar figure either. It's a percentage.
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RE: Who knows? If not, take a guess!
I am guessing $349.767876789 cents on average.
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RE: Who knows? If not, take a guess!
I'm lost, are you asking markup on a new bow or cost to make the bow? Neither one would be that high IMO. Just like most sales, the money is made long term, ie accessories, service, referrals, etc.
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RE: Who knows? If not, take a guess!
ORIGINAL: Rick James No one is getting rich in this business. ;) Manufacturer wise? HA....they aren't doin this for nothing. |
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