I have seen the wholesale price list. The markup on most items is huge. Even without seeing those prices, you can see how much BRS charges for things compared to the LFS...
Most decent LFS will triple livestock and double dry goods, good ones will do even less. Online retailers are taking less than a 50% margin on most if not all dry goods, and I would guess the margins are under 30% for the price leaders like BRS, Marine Depot, Premium Aquatics, etc. Even less from certain vendors with map pricing.
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