Small Tea Business

I am possibly going to be spearheading a small retail loose tea business that operates out of local farmers markets and fairs. I have found a vendor online that seems reasonable but in all honesty I am unsure their prices are good. I also do not know what markup is fair for the tea. For example: English Breakfast costs around $54 for 5lbs. What is my per ounce price that would be fair? Not sure if this is the place for this but I need a little help. Is there another place to discuss suppliers and markup pricing?

Thanks

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