Years ago furniture retailers used to markup 50% on cost.
Since retirement I have lost track of markups and suspect they might now be a lot higher.
I would appreciate it greatly if you could either post or pm me typical current markups
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Years ago furniture retailers used to markup 50% on cost.
Since retirement I have lost track of markups and suspect they might now be a lot higher.
I would appreciate it greatly if you could either post or pm me typical current markups
Buy a million items from China, made from timber illegally logged, and add 500%. Call your store Hardly Normal. Post a $346m profit after tax. Take over the world.
That will make us sore.
50% would be the minimum, some are 100% mark-up...No wonder no one is selling anything, everything costs so much now.:(Quote:
Originally Posted by echnidna
China again.
I've talked to several dealers, most mark up 2~300% on imports and 50~100% on local or custom made gear.