The $5 mark up covers the rent and maintenance of the shop, taxes for property and business, insurance, power, heat and wages and labor and industries costs for the labor. Possibly somewhere in the grand scheme of the LQS
business a profit is made. At the cost of UPS and Fed Ex which are the most common shippers in our area there is a large charge for shipping. All in all, I think that the vast majority of small business owners are trying to be fair and still be able to have profitability for themselves. You pay for the personal service you find in a LQS. I don't see a large chain store ordering in a bolt of fabric because one person wants 2 yards to finish their quilt.It happens more than you think in a LQS.
Originally Posted by
NikkiLu
A local quilt shop just went out of business - they started out at 30% off - then 40% off and then 50% off. I bought some fabric at every discount. The last time that I went (50% off) I heard the owner tell a relative that he was now at COST. So, if the fabric is $10 a yard - that means that it cost them $5 a yard. A $5 a yard profit seems excessive to me.