Cigar mark up

[ribletman]

Originally Posted by Koolpsych

Ahh this thread is depressing on how overpriced a lot of the cigars really are, and the fact that I still love them too much to care!

Just because there is a 100%+ markup does not make them overpriced. Cigar shops have a high overhead compared to many, and they must maintain an expensive inventory that can go bad on them without diligence. Most specialty products have well past 100% markup by the time you buy them.

[Egis]

Well I'm really good friend with owner of my local B&M, and I know most of the prices of cigars, real prices. Like for example NUB box any kind any size is from $55 to $70 whats what they gets em for, they sell box for 130$, single for $5,75. So difference is $50 per box, and $58 if he sells them in singles! So I don't know how big is mark up? less then 50%? or 90%?

[Rubix^3]

Originally Posted by ribletman

Just because there is a 100%+ markup does not make them overpriced. Cigar shops have a high overhead compared to many, and they must maintain an expensive inventory that can go bad on them without diligence. Most specialty products have well past 100% markup by the time you buy them.

Dittos. Running a store front, employees, etc... thats why local B&Ms, and small indie retailers have struggled against online outfits in every industry. Like most folks, I shop some online, but I like to go to my local and throw them some business regularly too. When I do, I don't worry myself over the cost spread if I where comparing them to cbid or something. The point being, the town would feel lonely without the B&M. --mark em what you need to fellas.

[stanthetaxman]

My experience in this part of Florida is a 100% mark up/50% gross profit.
MOST of the time, THAT's what MSRP was, too.