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Net54baseball.com Forums - View Single Post - How does one avoiding losing their shirts with auctions houses?
Thread: How does one avoiding losing their shirts with auctions houses?
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Old 05-31-2017, 12:41 AM
Aquarian Sports Cards Aquarian Sports Cards is offline
Scott Russell
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Join Date: Jun 2016
Location: Pennsylvania
Posts: 7,282
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Quote:
Originally Posted by PhillipAbbott79 View Post
Restaurants are at 3% to 4% I think. The key is volume. If you have the volume you don't need the margin to survive.

You want to start a business and have a long line of people right from the get go. That is not easy to do. That is why people buy businesses and why some are more profitable than others.
Maybe the net margin, maybe. A gross margin of 3%, is a quick path to bankruptcy.
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