Oh how the hate-r-aid is flowing.
Not much more than a week ago my local B&M employed a guy to sit and show me how to wrap a coil for 30 minutes or so. In return I purchased SS mesh $9.99, 32ga kanthal $15.99, 2 iclear30s heads $2.49 each, and some organic cotton balls $1.99.
My purchase I'm fairly sure didn't pay for his time, especially after my military discount (10%).
I will buy from them again, as often as I can considering what they carry.
Their shop is about 2400 square foot of space and run by 3 employees that I presume are close to full time.
Yearly shop lease is $28,800.00, at minimum wage here your looking at $45,240.00 in paying your employees, then we have to keep the lights on for what might be only $316.00 for the year with 30 40w overhead lights running 8 hours a day, replacing lights that burn out might run about the same so tack on another $316.00, shop equipment including tables, local art, chairs, display cases, shelving, the sign outside, receipt paper, tester atomizers, the little condom thingies, paper towels, cards, free junk they give away, etc. all cost money.
Oh, and somewhere in there is the owners profit margin, that's assuming he or she isn't in debt up to their nose having financed all of the stuff that went into opening the shop in the first place.
In most B&M shops, you can expect that the owner is working too, covering call ins or vacation time employees ask for, at no hourly wage.
So my little shop has to charge $204.58 a day over and above product cost to them just to stay open, prior to the owner making the first dime, so at a 30% markup that's $415.98 in product daily or $151,417.38 in product per year prior to earning a single red penny.
Is it fair to charge what they do, yes, without a doubt it is.
At the very minimum the shop is employing a few people that would otherwise be flipping burgers or changing tires, maybe selling cars, or what have you. Their paying taxes just like anyone else who works for a living and not sucking on the breast of social support.
I'll pay for that, those folks that work in and own a B&M are working for my money, not standing in a line waiting to get it for nothing.
#gettingoffthesoapboxnow
Maurice