Author Topic: Question for all you shop owners?  (Read 6876 times)

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Rocksurfer

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Re: Question for all you shop owners?
« Reply #30 on: Nov 17, 2008, 08:39:36 PM »
Foxtrot Uniform Charlie Kilo....
and that makes you cool.... hmmm
Wow, burn... glad the third grade period humor came out from someone probably in their 30's.

 Most business's charge obscene markups, also the reason how many stay in business. The average Joe doesn't know the actual cost of the product or service. So if you are at or equal to what the market will handle you can charge that much. For example a gear oil change in your t-case at a grease monkey is $39.99... Takes less than 10 minutes to drain and refill, takes about four pints i believe. Labor is about five bucks the fluid is $0.75 bulk price from Rex Oil. Total company cost is around $8, markup of $31.... doesn't seem fair, but that what we charge and people pay it. I am not saying i believe it is right, i am saying it is what happens. Market driven prices is how this economy runs and turns such a large profit for so many business'.

You are a little off on your pricing, ask me how I know.  :shake:
Just slightly witty and i guess that was a compliment then, i was off by 21 years...

The guy I work for has been operating this Grease Monkey since 1995, he fully bought it in 2004 when it was making $40,000 a month. He now makes $80,000+ a month and his operating costs are about $28,000 a month including labor. $52,000 a month in capital sounds pretty dang good to me and with a 78% return rate on all customers he is second in the nation for Grease Monkey's, even though he price gouges on everything.

I really believe this..... not!
The Ghost-Rider/Ghost Runner

No matter how far you fall, the ground will always catch you

 
 
 
 
 

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