Sorry, chaps, both wrong.
I am the sales office manager of a national distributor. We do not sell direct to you tool swingers.
Average mark-up for stock items is 25%. That's 20% profit margin on invoice price. Then there's settlement to come off that, as much as 5% in some cases if the merchant buys through a buying society.
We deliver across 80% of the UK carriage paid with no minimum order value imposed. We have 12 vehicles to run, premises overheads, wages blah blah.
Yeah yeah, I know. Your hearts bleed for me.
Never have I professed to be either a plumber or pipefitter.
The last time I manned a counter was over 20 years ago.
OK, Beerlover, what margin do you add to parts?
As I stated recently we were recently quoted £30 by a GSRI for parts worth around £12, all of which any self respecting GSRI ought to have on his van. 150% mark-up = 60% profit.