Join Date: Feb 2010
Location: Narragansett Bay
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Re: Ripped off ? or a fair profit ?
There are a number of surrounding issues, although, in the end, some chandleries are just ripping you off.
That said, to round out the perspective, the chandlery most likely paid multiple times what you think to acquire it themselves.
In some cases, that's simply because they bought in small quantity, while other supplies are dealing in wholesale quantities. The local store might also have it on the shelf for long time, incurring interest expense, before they get their cost back, let alone a profit that will pay for the rent and lights.
There can also be a liability difference. When the exact same part is sold for marine use, it could contribute to a drowning or destruction of other million dollar yachts. If sold for a less risky use, their regulatory or insurance costs can be a fraction. For example, I bought I single engine airplane, when I was in my 20s. I scrapped up everything I had and borrowed some money. I was then broke. The alternator failed shortly thereafter. It was exactly (I mean zero modifications) an AC Delco Chevy alternator. I could have bought a new one for $80 or had mine rebuilt for much less at a local autoparts store. Instead, I was required to get one with the proper FAA paperwork, which did nothing but put the supplier in the line of liability. It cost $200. There was no choice.
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In the harsh marine environment, something is always in need of repair. Margaritas fix everything.