Who knows? If not, take a guess!
#21
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.
#23
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.
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.
#26
Nontypical Buck
Join Date: Dec 2003
Posts: 3,913
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.
#27
RE: Who knows? If not, take a guess!
ORIGINAL: Rick James
No one is getting rich in this business.
No one is getting rich in this business.
Manufacturer wise? HA....they aren't doin this for nothing.