What is a fair price of fabric?
I found all of them at Missouri Quilting Company though. Grand total is $85, give or take some.
01-09-2012, 07:16 AM
#62
Super Member
Join Date: May 2010
Location: So. Central MO
Posts: 2,759
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.
01-09-2012, 09:01 AM
#64
Junior Member
Join Date: Sep 2011
Location: Virginia
Posts: 183
I personally did not like the fabric at Hobby Lobby but whatever suits your fancy is what you go with. Make sure the fabrics you buy does not have an odor and is of good quality if you buy from a fabric store.
01-09-2012, 01:49 PM
#65
Super Member
Join Date: May 2009
Posts: 1,265
Originally Posted by ckcowl
did you notice the width of the fabric? my lqs carries wide goods (108"-118") which range from $13.95 up to $18.95 a yard---which is reasonable-since you only need 3- 3 1/2 yds to back a quilt- could be the (shocking) price was on a wide fabric.
in the lqs's around here fabrics range from $7.95 on up to about $12.95- depending on the fabric-
you could join the (fabshophop) and visit over a hundred on line shops and find a vast range of prices-and selections. it pays to shop around- i spend about 1/2 of my quilting $$ at my lqs and the other 1/2 on line shopping....out of the on-line percentage- 85-90% is spent at fabric.com the other 10-15% is spent at random shops.
in the lqs's around here fabrics range from $7.95 on up to about $12.95- depending on the fabric-
you could join the (fabshophop) and visit over a hundred on line shops and find a vast range of prices-and selections. it pays to shop around- i spend about 1/2 of my quilting $$ at my lqs and the other 1/2 on line shopping....out of the on-line percentage- 85-90% is spent at fabric.com the other 10-15% is spent at random shops.
01-09-2012, 01:56 PM
#66
Senior Member
Join Date: Mar 2011
Posts: 767
50% markup is about average
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.
01-09-2012, 02:00 PM
#67
Member
Join Date: Jul 2011
Location: Royal Oak, Michigan
Posts: 40
I have purchased some fabric from connectingthreads.com recently and love it. Very good quality and inexpensive...between $4.96-$6.96 a yard. I also shop at my local joanns & hobby lobby. If i can't find what I want I head to my lqs.
01-09-2012, 02:45 PM
#69
Super Member
Join Date: Apr 2011
Location: USA
Posts: 1,625
You can find some good fabric online at any number of online sites at reasonable prices. I like fabric depot, fabric.com, Connecting Threads and even Hancock Fabrics. I've gotten good fabric at reasonable prices. If you shop Connecting Threads don't ignore their clearance, i've gotten some nice fabric through there.
01-09-2012, 03:21 PM
#70
Super Member
Join Date: Jul 2009
Location: Southwest Kansas
Posts: 4,820
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.
That's not the actual profit though. From that $5 bucks a yard subtract building rent, heating and cooling, phone, multiple taxes, insurance, advertising, internet access, web site hosting, employee wages if you have any, etc, etc. After you subtract all your expenses then you find out what your actual profit or loss is.
One of my friends had a quilt store. Her first year income was about $70,000.00. She lost $1200.00. And she did not take a dime in wages nor did she have outside employees.
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