what are the cost price and selling price of mountain bikes?
August 9, 2011 by pbik
Filed under Mountain bikes
I need to know this for a accounting sac that i am doing. Basically, the cost price is how much the owner bought it for and the selling price is how much he sold it for. I’d really like to know. ok thank you
in australian dollars. please
how long is a piece of string?
cant you just make one up?
£1 (1 euro) is about 1.7AUD
depends what sort of mountain bike…. a crappy on like £20 and a super good one like £3000 but average for a normal bike between £100 ans £500
Most retailers mark up bikes about 30-35% over dealer cost. This may sound like a lot, but don’t forget that a bike arrives at the store in a box and has to be assembled and adjusted before it can be sold. High end bikes also involve high inventory cost for the store, unless the bike is already sold when it arrives. Many stores also have a demo bike or two so that a customer can at least try the bike out before buying. Added to that, many shops also offer one or more free tuneups after the sale of the bike. Once all the costs are figured in, actual profit per bike is very small, particularly on entry level bikes which are the bulk of all sales.