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Free tool · True Margin

Watch dealer profit margin calculator

The spread you feel on a deal isn't what you keep. Set your volume, price, margin and costs, and see your real net per watch, per month and per year.

Your businesstap · drag

10
$18,000
Your usual marginthe spread you aim for
How buyers usually paysets your fee drag
Prep per watchservice + shipping
8 hrs/wk
$100

The readout26% thinner than it looks

You feel$3,240gross spread / watch
You keep$2,400true net / watch
Kept: $2,400Leaked to fees, prep & shipping: $840
What you think you make
$32.4k
gross / month
What you actually net
$24.0k
true / month
Overestimated
$8,400
profit that isn't there / month
The spreadsheet tax
$3,467
8 hrs/wk × $100/hr

Over a year, that’s $101k of profit you never actually had — plus 416 hours ($41.6k) spent keeping the books alive.

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How the calculator works

You give it five things: how many watches you move a month, a typical sale price, the margin you aim for, how buyers usually pay, and what prep costs per watch. It splits the gross spread into the part you keep and the part that leaks to fees, service and shipping, then scales that to a month and a year. The admin hours are priced separately at whatever your time is worth.

The formula

A worked example

Ten watches a month at $18,000 with an 18% target margin is a $3,240 gross spread per watch, or $32,400 a month. If buyers mostly pay by card (about 3%, or $540) and prep runs $300, the leak is $840 a watch. True net is $2,400, about 26% thinner than it looks. Across a year that’s roughly $100,000 of profit that only ever existed on the spreadsheet.

Payment method is the biggest lever. Move the same buyers to wire and the fee drag nearly disappears; list on a marketplace and it can triple. Our eBay vs Chrono24 fee calculator breaks that out per channel, and gross vs net profit for watch dealers explains why the gap matters at tax time. For benchmarks, see watch dealer profit margins.

What it leaves out

Overhead that isn’t per deal (rent, insurance, subscriptions), the cost of money tied up in aged stock, and trade-in gains or losses. Those belong in a real P&L. If you want the full picture, that’s what WristBook’s accounting builds from your deals automatically.

Frequently asked questions

What is a good profit margin for a watch dealer?
Gross spreads on pre-owned luxury watches commonly run from about 10% on fast-moving steel references to 25% or more on vintage and harder-to-find pieces. What matters is the net after fees, prep and shipping, which is often a third to a half thinner than the gross spread.
What is the difference between gross spread and true net?
Gross spread is sale price minus what you paid. True net subtracts everything the deal cost to close: card or marketplace fees, service and polishing, insured shipping, and any commission. True net is the number that lands in your bank account.
Why does my margin look higher than what I actually made?
Because most of the leak is small and per-deal: a 3% card fee, a $300 service, $150 of insured shipping. None feel large on one watch, but across ten watches a month they add up to thousands, and they rarely get tracked against the deal they belong to.
Does the calculator include my time?
Yes, separately. It shows the cost of the hours you spend keeping the books at your hourly value, so you can see the admin cost next to the money leak without mixing the two.

See true net on every deal as you log it

WristBook folds card fees, service, shipping, commission and trade-ins into each deal, so the margin you see is the margin you made. Try it free, or browse the walkthroughs first.

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