Margin on furniture?

[ItsTony]

Has anybody worked in this industry before and know what the margin is on furniture? i.e. If a furniture reseller buys the bed in for £100, do they just add on 100% margin and sell it for £100. Obviously depends on the end of the market so I'm specifically asking at the Ikea price range market.

Many thanks in advance

[jke11y]

They wouldn't be in biz for very long if they bought and sold stuff for the same price

It varies across brands / bespoke massively, but its normally 30% + but there are a lot of costs hence the margin. I have sold furniture for about 10 years now.

[anonymous-user]

keep in mind that furniture is often vertically integrated

beds in particular ime.

so you are buying from the retail arm of the company that makes the bed in many cases - that gives the company the choice of where to put the profit

Steinhoff International is one such company