martyn21uk
Fish Crazy
I was chatting t the owner of my LFS today. I work in retail and manage a store in the same centre as him so we were talking about trade in the centre generally he opened up more about the financial side of his store. He's rent is £40,000 a year so thats £800 a week. Council tax is half of that again so thats £1,200 a week and then of course you've got all of your other overheads and costs on top of that. Now this is a busy fish store, I have never been in there when they haven't been serving. Its only him and his brother and they work 7 days a week just by themselves to trrade the store but still they are operating on a loss of about £1,000 a week. They've just re-financed their bank loans etc but still how can you sustain that kind of loss? Its just a survival for them and working 7 days doesn't do much for the rest of your life. The store is in its 3rd generation in their family now so I understand why they do it. But do you think this is kind of common amongst most lfs's?

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