I was excited when a local bike shop opened near me, but was super disappointed when I realized there was nothing under $3500. It’s just a fancy shop for the super high end bikes which is really off putting to more run of the mill cyclists. Love seeing shops move into spaces that actually serve the community. Wish I was near you guys!
Running a mobility shop that is open to the whole community is an innovative and welcome idea. Over the years many shops have been focused on the racer who looks like he's on the cover of a cycling magazine and actively discouraged anyone who didn't fit the stereotype from even walking in the front door. Their business plan was to skim their ideal customers off the top, sell them the latest and greatest every summer, and not deal with any small fry - until the bubble burst. When I was heavily into BMX shops would turn you away even though it's a bike, with wheels and a chain and the customer just has a flat tire. Now you put a battery on a bike and it's the same old story. It's a dumb strategy because who have you ever heard of who only has 1 bike, or only 1 bike in the family. Refuse to fix a flat because you have to disconnect 1 wire and how that customer has a bike stand in the garage from Amazon and a few Park tools and is DIYing repairs for the entire family.
The E mobility is really the way to go. Local businesses using e cargo bikes or trailers for transportation is a budding market. I'm not aware of anyone in PA doing anything with Carla Cargo trailers. Something to consider.
Bought my first 2 e-bikes for my family this year. I went to a cargo bike meet today and fell in love. E-bikes are so badass. I have a hardtail MTB for me & a commuter bike for my wife. Best decisions ever. I love my stumpy, but my e-bike lets me ride for 50k a day easily, impossible on a stumpy! 😊
Most bike shops don't do the e-bike stuff you're referring to for a number of reasons some being: insurance premiums associated with full electrical repair versus mechanical only e-bike repair, because the revenue from said clientele may not contribute enough to the bottom line, because the equipment is subpar and unsafe, or because of prevalence of unweildy overweight models not being designed for typical service department infrastructure. Plenty other reasons too. Some have blanket policies against amazon purchases or certain uncertified battery-motor systems on hub motor bikes or even a lot of the name brand model, the list goes on. My hope is that this channel will show people who are thinking about doing this sort of thing how hard it really is if you go in with a ton of pre-0conceived notions about the industry, and a tinge of dunning kruger about your own tech abilities, and that we see you rise to meet the challenges and become better because of them. Thanks for the vids!
Clicked this video for the bike info and was surprised to hear Reading, PA in the first couple seconds. Can't wait to come visit the shop! Idk if I'll buy anything but it'll be cool to check out
New bikes are hugely expensive, the market is flooded with used bikes and E-Bike manufacturers have figured out how to sell directly to the consumer. Trifecta.
The price of the bicycles I have in more store can be expensive but you can also get decent gravel bicycles for $1100. I carry solid carbon fiber MTB at $5k or full suspension fuji at $2k. I think this is all very reasonable. The high end stuff has gotten really expensive, but I couldn't afford high end stuff 30 years ago either.
Not all shop-sold bicycles are too expensive. And if you want to make sure a bike really fits you, there is no other way than to try it and make a test ride at a local bike shop. Plus, every month ten new direct-to-consumer e-bike sites pop up and another nine fold. There are people who buy every nonsense because it's sold via the internet, but there are more who appreciate person-to-person customer service and quality products that can be serviced and replaced.
Spot on. Sounds like you've positioned yourself for long term success. I see a need for PEV service. If i had the expertise and capital i would def open a shop, so you got the best of both worlds and diverse income opportunities
I've discovered that there are a lot of newcomers in the e-bike industry that are hiking the prices past $3k for an e-bike. Some cargo e-bikes reach $13k prices. Who in the right mind would buy this expensive mobility options knowing that it can be stolen anytime you try to go to pick up groceries.
That's why I'm sticking to my 2009 for as long as I can. $500. Paid about $200 this year in upgrade that I'm sure it's going to give me another 10 years!
There was a massive bike boom during COVID which flooded the market. Post pandemic you then see a flooded second hand market of bikes that people didn't end up using. I don't think it's so much a recession as a market where supply (especially from used bikes) is greater than the demand. It's smart to adapt rather than just double down on the traditional brick and mortar retailapproach. Ebikes and servicing seem like smart options.
3:00 do we think Shimano is suffering b/c of it's own planned obsolescence/ deliberate compatibility problems? OR did Shimano start destroying their own product lines in an attempt to sustain sales by trapping consumers in their product ecosystem?
I think they were caught off guard by SRAM and wireless shifting technology. Then, they failed to size their company correctly with the right skill sets and people. They will come back, but they are struggling right now.
@@gograva fair enough. in my particular bubble of retro-grouchy weirdos, we're all stoked to ditch Shimano as much as possible b/c we resent their nasty tricks with compatibility between groups, so it's not necessarily a boycott, exactly... but it's not far from being that. But, of course, I realize that my POV isn't exactly uncommon, but it is definitely not representative of the cycling market in general. That's why i asked.
Sram’s success is likely a variable. As a new SRAM convert to their system (and a former Shimano die-hard), I get why investors would be sour! An additional hypothesis, hear me out: Shimano is a very LARGE corporation. I bet they fell into the oversupply binge of 2022 and couldn’t steer that supertanker in time before running aground like other major manufacturers. Keep in mind that Shimano’s biggest business is the bike division, but it also has outdoor (fishing/hunting) which suffered oversupply shock after amazing pandemic sales. Both sectors boomed in the pandemic. Specialized and Trek could likely offset the oversupply shock with dealer incentives to ‘encourage’ retailers to overstock, which is why we don’t see a lot of 2-24 bikes on shelves. Shimano doesn’t have that luxury. Dealers are still trying to move 2022-2023 inventory that’s gone cold. I almost bought a SRAM XO loaded Gas Gas emtb that’s 35% off, but 2-year old components that sat on a shelf didn’t please me. 😅
@@fatrobdoubleShimano forcing Hammerhead to remove their electronic shifting integration certainly didn't help. Just needless sticking their thumb in consumers' eyes
There certainly are many ways a shop can move towards to bring in extra revenue. I think while on the subject of ebikes there are many factors that will show whether a shop actually makes a profit or not with them. First off, there is an additional liability insurance policy, then if you are offering a pickup/delivery option, you may need a new rack for your shop vehicle. There are a few extra tools that you might not have had in the tool inventory, and for some shops the electric repair stands also help out the employees working on them. As a small shop owner myself, I wish you good luck and hopefully this next season things will start to turn around a bit.
All the best to you and your shop. Your e mobility concept is probably necessary for a bike shop to survive. There is only one bike shop left in my immediate area as the shop I have been a regular customer of closed last year. He made a go of the e-bike business but lost his shirt on it. I’m not likely to be an e-bike customer since for my bike rides, my pedal bike(s) work for me. I’m a recreational rider and I like the physical effort of pedaling a bike.
The bike industry kind of screwed itself by charging well over $1,000 for basic entry-level bikes. They're pricing would-be casual cyclists right out of the market. I haven't bought a new bike since 2007, and I probably never will again. If I want another bike, I'm going straight to the used market. If I go into a bike shop, I'm walking past the new bikes up front and straight to the used bikes in the back. Even if I had the money for a new bike, I still couldn't justify to myself the expense when I can get a used bike at a fraction of the cost, do a little tinkering, and get it to pretty much the same condition.
I agree that the e-bike is the future. Providing e-bike related parts and services may be profitable. But I personally still prefer a pure human-drive bicycle because it's simpler and cheaper to own and maintain. The more important thing is I don't have to worry about my bike running out of power.
Yes, I want to do that but we have a unique situation in Reading, PA.. We have three very active cycling clubs in my area. I'm at the decision point of starting another ride or just adopting the rides from the existing clubs.
@@gograva I started a group ride that is doing pretty well, we usually get about 25 riders, which is a lot for this small town. There was already an existing ride, but it was for full on road bikers, so the ride I started hosting, (well really the ride I took over when the other person left) is really chill, about 10 mph, all welcome sort of thing. Now out of that ride we also have a faster group too. It's taken a couple of years of consistent rides to get the community going.
@@gograva start an eBike/eScooter ride to differentiate and create a social event for your new target customers which will build some free marketing. Could make for some great RUclips content which will also spread the word.
Excellent pivot. Excellent reading of the environment. There is a huge opportunity of relatively easy income from a starving group if bike shops would only stop being elitest. And, yes, I get the insurance objection to cheap e-bikes. I understand the reluctance to work on crappy bike shaped objects where you fix one thing only to be blamed for some other part to fail and be blamed for it. But isn't that the exact same place most mechanical service providers have been, since, well, forever??? You earned a subscribe from me.
Thank You! Yes, there seems to be an amazing opportunity to succeed just by focusing on high quality customer service and changing to a "mobility" mindset. Now, some of these cheap e-bikes are really bad. I can't fix them and I wish we could. The biggest issue is availability of parts. There are probably 1000 e-bike companies now using various parts that I can't find.
This is very interesting video and raises a great question. But emobility is the same as Electric cars and then huge medium to long term problems. Fixing these cheap ebikes/scooters direct from China is a law suit waiting to happen. Escooters have burst into flames causing deaths which I can see very soon that the UK will sue who last worked on it as they can not ever get to the supplier in China.
I see the future of bike stores going out of business because bike sales will be done from the factory. It's going to go back to the old-fashioned bike repair shop with low voltage integration. Bike stores are senseless. We, as the general public, are not racers. We don't need $5k bikes. We need $500 bikes! We don't needs kits to ride bikes. We already have biking clothes. They are the clothes we wear every day. We don't need clips, we just need pedals so we can wear the shoes we already have. Sorry bike store owners. The industry has sold you a bill of goods that we don't want!
The poor fix their own bikes. 20 years ago when I didn't have a pot to piss in and a window to throw it out of, I wrenched on my own stuff. Most in that type of financial rut will do the same.
The overall industry doesn't reflect how a local bike shop is performing. There is geography my friends, that determines what sells more than any trend. The extent of sales go's beyond the factory bice sale. Services, the extent of service demand is related to ones location. Knowing your marketplace is critical.
Lean heavily into servicing. It's where the customers are. Bikes are good, they last a long time now (durability and in my opinion they are pretty close to the pinnacle in regards to geometries) but they will always need maintenance amd there's a global shortage of good mechanics. Couple that with everyone moaning about how expensive they are (granted, the top end bikes are, but YOU don't NEED that bike) people are keeping their existing bike and just looking after it, but there's always jobs the home mechanic can't or won't do, and that's where the workshop comes in. Just my opinion running a workshop for the last decade with increasing customer base and sales every year. PS. I advertised once. At the start, waste of money, word of mouth brings the customers.
I think I'm going to open a used bike store. Plentiful used steel bikes and great quality bikes used, since the carbon craze. Add in that now kids are on the computer and driven everywhere from mommy and daddy 😂. Are kids wanting new bikes ? E-bikes are a nightmare . I saw one on the trail looked like a full dirt- motorcycle huge tires, belonging off road not on a bike trail . This continues bicycles wont even be safe on designated bicycle trail where no motors were allowed before!!!
At the risk of stating the obvious and you may be behind the curve though fir the remainder of 2024 you need advertise and merchandise in order to take advantage of the Christmas quarter.
i had to stop , and just say if ur in a recession why would u use the profit u say u know will not carry over to leave a deficit , that's just not good
Im riding a Specialized Stumpjumper from the 1980's . I had a 2014 Biachi road bike but was tired of fixing flats and the way people drive today . Im happy doing on off riding . Im sitting in the woods right now about RIP !!! hey im 58 a young guy !! No more new crap for me , including tools,cars,etc . Corperate go 🖕
bruh.. you are asking for a part time employee.. with all those qualifications?! i hope it pays well! thats alot to ask for qualifications for just a part time employee on a first year business with first month profit. good luck! the cycling industry has done itself dirty with the greed.
@@einundsiebenziger5488 it's an informal word, found in the Oxford dictionary that can be easily verified with Google. Not hard to do. It's even used in a handy sentence that makes great use here as well. " Get off the Internet and get a life bruh. " 😂 And for a part time employee, yes that is a lot of qualifications to work part time at a bike shop. Which is why I followed up with, I hope they are paid well for their qualifications. Imo, that seems like like a partnership type request of qualifications. But for a first year business with a first time profitable month. My comment stands. Thanks for commenting.
Are mountain bikers getting too old and too settled in to a home life to hit the trails? Bicycling goes through fashion and trends faster than the old geezers can catch up? I think the trend in cycling is regarding bikes as automotive accessories, not escape to the woods.
Love your attitude and willingness to adapt and overcome! Wishing you all the success.
Thank you so much!
I was excited when a local bike shop opened near me, but was super disappointed when I realized there was nothing under $3500. It’s just a fancy shop for the super high end bikes which is really off putting to more run of the mill cyclists. Love seeing shops move into spaces that actually serve the community. Wish I was near you guys!
I think you have the right idea and are going to do amazing.
preach on, I definitely think mobility is more encompassing than just a bike shop!
Hope the business keeps coming your way
Thank You!
I like your position on mobility and the organization of you partner with. Good luck with your relatively new business.
Much appreciated!
I really love your mission statement. Please continue doing excellent humanitarian work. Good luck with your ventures brother.
Running a mobility shop that is open to the whole community is an innovative and welcome idea. Over the years many shops have been focused on the racer who looks like he's on the cover of a cycling magazine and actively discouraged anyone who didn't fit the stereotype from even walking in the front door. Their business plan was to skim their ideal customers off the top, sell them the latest and greatest every summer, and not deal with any small fry - until the bubble burst.
When I was heavily into BMX shops would turn you away even though it's a bike, with wheels and a chain and the customer just has a flat tire. Now you put a battery on a bike and it's the same old story. It's a dumb strategy because who have you ever heard of who only has 1 bike, or only 1 bike in the family. Refuse to fix a flat because you have to disconnect 1 wire and how that customer has a bike stand in the garage from Amazon and a few Park tools and is DIYing repairs for the entire family.
Interesting information on your developing "mobility" shop. Good luck.
The E mobility is really the way to go. Local businesses using e cargo bikes or trailers for transportation is a budding market. I'm not aware of anyone in PA doing anything with Carla Cargo trailers. Something to consider.
Bought my first 2 e-bikes for my family this year.
I went to a cargo bike meet today and fell in love. E-bikes are so badass. I have a hardtail MTB for me & a commuter bike for my wife. Best decisions ever. I love my stumpy, but my e-bike lets me ride for 50k a day easily, impossible on a stumpy! 😊
Are you doing anything for older folks who want to stay active yet more balance challenged? TRIKES?
Most bike shops don't do the e-bike stuff you're referring to for a number of reasons some being: insurance premiums associated with full electrical repair versus mechanical only e-bike repair, because the revenue from said clientele may not contribute enough to the bottom line, because the equipment is subpar and unsafe, or because of prevalence of unweildy overweight models not being designed for typical service department infrastructure. Plenty other reasons too. Some have blanket policies against amazon purchases or certain uncertified battery-motor systems on hub motor bikes or even a lot of the name brand model, the list goes on. My hope is that this channel will show people who are thinking about doing this sort of thing how hard it really is if you go in with a ton of pre-0conceived notions about the industry, and a tinge of dunning kruger about your own tech abilities, and that we see you rise to meet the challenges and become better because of them. Thanks for the vids!
Clicked this video for the bike info and was surprised to hear Reading, PA in the first couple seconds. Can't wait to come visit the shop! Idk if I'll buy anything but it'll be cool to check out
Stop by and say hello. We always love meeting new people.
New bikes are hugely expensive, the market is flooded with used bikes and E-Bike manufacturers have figured out how to sell directly to the consumer. Trifecta.
The price of the bicycles I have in more store can be expensive but you can also get decent gravel bicycles for $1100. I carry solid carbon fiber MTB at $5k or full suspension fuji at $2k. I think this is all very reasonable. The high end stuff has gotten really expensive, but I couldn't afford high end stuff 30 years ago either.
Not all shop-sold bicycles are too expensive. And if you want to make sure a bike really fits you, there is no other way than to try it and make a test ride at a local bike shop. Plus, every month ten new direct-to-consumer e-bike sites pop up and another nine fold. There are people who buy every nonsense because it's sold via the internet, but there are more who appreciate person-to-person customer service and quality products that can be serviced and replaced.
Over 1000$ is high end prices. Get some 500-800$ bikes and they are gonna fly off the shelf @@gograva
Spot on. Sounds like you've positioned yourself for long term success. I see a need for PEV service. If i had the expertise and capital i would def open a shop, so you got the best of both worlds and diverse income opportunities
Bikes are too expensive. If an 8k bike (😂😂😂) is marked down to 6k who cares. The whole industry can suck it!
I've discovered that there are a lot of newcomers in the e-bike industry that are hiking the prices past $3k for an e-bike. Some cargo e-bikes reach $13k prices. Who in the right mind would buy this expensive mobility options knowing that it can be stolen anytime you try to go to pick up groceries.
That's why I'm sticking to my 2009 for as long as I can. $500. Paid about $200 this year in upgrade that I'm sure it's going to give me another 10 years!
I agree with your store focus. We are trying to lean into the same up Here in ALberta
I purchased a Levo in 2022, and my next bike will be another e Mtb. They are crazy fun, especially for weekend warriors.
Where can I do apply....
There was a massive bike boom during COVID which flooded the market. Post pandemic you then see a flooded second hand market of bikes that people didn't end up using. I don't think it's so much a recession as a market where supply (especially from used bikes) is greater than the demand. It's smart to adapt rather than just double down on the traditional brick and mortar retailapproach. Ebikes and servicing seem like smart options.
Ebikes are keeping us afloat too. It's really grown since 2020.
E-scooters are also driving in a ton of business.
@@gograva not so much over here. I have done some e-scooter flats on them but don't bother stocking the tubes.
3:00 do we think Shimano is suffering b/c of it's own planned obsolescence/ deliberate compatibility problems? OR did Shimano start destroying their own product lines in an attempt to sustain sales by trapping consumers in their product ecosystem?
I think they were caught off guard by SRAM and wireless shifting technology. Then, they failed to size their company correctly with the right skill sets and people. They will come back, but they are struggling right now.
@@gograva fair enough. in my particular bubble of retro-grouchy weirdos, we're all stoked to ditch Shimano as much as possible b/c we resent their nasty tricks with compatibility between groups, so it's not necessarily a boycott, exactly... but it's not far from being that. But, of course, I realize that my POV isn't exactly uncommon, but it is definitely not representative of the cycling market in general. That's why i asked.
Sram’s success is likely a variable. As a new SRAM convert to their system (and a former Shimano die-hard), I get why investors would be sour!
An additional hypothesis, hear me out:
Shimano is a very LARGE corporation. I bet they fell into the oversupply binge of 2022 and couldn’t steer that supertanker in time before running aground like other major manufacturers.
Keep in mind that Shimano’s biggest business is the bike division, but it also has outdoor (fishing/hunting) which suffered oversupply shock after amazing pandemic sales. Both sectors boomed in the pandemic. Specialized and Trek could likely offset the oversupply shock with dealer incentives to ‘encourage’ retailers to overstock, which is why we don’t see a lot of 2-24 bikes on shelves. Shimano doesn’t have that luxury.
Dealers are still trying to move 2022-2023 inventory that’s gone cold. I almost bought a SRAM XO loaded Gas Gas emtb that’s 35% off, but 2-year old components that sat on a shelf didn’t please me. 😅
@@fatrobdoubleShimano forcing Hammerhead to remove their electronic shifting integration certainly didn't help. Just needless sticking their thumb in consumers' eyes
There certainly are many ways a shop can move towards to bring in extra revenue. I think while on the subject of ebikes there are many factors that will show whether a shop actually makes a profit or not with them. First off, there is an additional liability insurance policy, then if you are offering a pickup/delivery option, you may need a new rack for your shop vehicle. There are a few extra tools that you might not have had in the tool inventory, and for some shops the electric repair stands also help out the employees working on them. As a small shop owner myself, I wish you good luck and hopefully this next season things will start to turn around a bit.
I really hope it turns around next year. Yes, there are a ton of expenses around tools, equipment and training to support e-capabilities.
@@gograva I hope that it turns around as well, but I think it will take a bit longer....although I'd love to be wrong.HA!
All the best to you and your shop. Your e mobility concept is probably necessary for a bike shop to survive. There is only one bike shop left in my immediate area as the shop I have been a regular customer of closed last year. He made a go of the e-bike business but lost his shirt on it. I’m not likely to be an e-bike customer since for my bike rides, my pedal bike(s) work for me. I’m a recreational rider and I like the physical effort of pedaling a bike.
Perhaps the mobility focus on non bike will help to make the bike off season not so soft.
The bike industry kind of screwed itself by charging well over $1,000 for basic entry-level bikes. They're pricing would-be casual cyclists right out of the market. I haven't bought a new bike since 2007, and I probably never will again. If I want another bike, I'm going straight to the used market. If I go into a bike shop, I'm walking past the new bikes up front and straight to the used bikes in the back. Even if I had the money for a new bike, I still couldn't justify to myself the expense when I can get a used bike at a fraction of the cost, do a little tinkering, and get it to pretty much the same condition.
Looking for a deal on one of these. 2024 PIVOT SHUTTLE LT xtr. Do you have one?
I can always get one. 🤟
I agree that the e-bike is the future. Providing e-bike related parts and services may be profitable. But I personally still prefer a pure human-drive bicycle because it's simpler and cheaper to own and maintain. The more important thing is I don't have to worry about my bike running out of power.
one idea for marketing might be to host weekly or bi-weekly rides.
Yes, I want to do that but we have a unique situation in Reading, PA.. We have three very active cycling clubs in my area. I'm at the decision point of starting another ride or just adopting the rides from the existing clubs.
@@gograva I started a group ride that is doing pretty well, we usually get about 25 riders, which is a lot for this small town. There was already an existing ride, but it was for full on road bikers, so the ride I started hosting, (well really the ride I took over when the other person left) is really chill, about 10 mph, all welcome sort of thing. Now out of that ride we also have a faster group too. It's taken a couple of years of consistent rides to get the community going.
@@gograva start an eBike/eScooter ride to differentiate and create a social event for your new target customers which will build some free marketing. Could make for some great RUclips content which will also spread the word.
Excellent pivot. Excellent reading of the environment. There is a huge opportunity of relatively easy income from a starving group if bike shops would only stop being elitest. And, yes, I get the insurance objection to cheap e-bikes. I understand the reluctance to work on crappy bike shaped objects where you fix one thing only to be blamed for some other part to fail and be blamed for it. But isn't that the exact same place most mechanical service providers have been, since, well, forever???
You earned a subscribe from me.
Thank You! Yes, there seems to be an amazing opportunity to succeed just by focusing on high quality customer service and changing to a "mobility" mindset. Now, some of these cheap e-bikes are really bad. I can't fix them and I wish we could. The biggest issue is availability of parts. There are probably 1000 e-bike companies now using various parts that I can't find.
Fat tire bike season is almost here in eastern Idaho! Bikes are FAR more than just road cycling races. Diversify your cycling portfolio as a consumer!
Fact!!
A Honda crf250f is $6100 otd in California.
I found it easier to mount those solid tires by warming them up with a heat gun
Yes, we put the tires in the ultrasonic cleaner at 155 degrees. No ultrasonic action, but we use the heat function to make them more pliable.
My 12 yr old just came out...devastated...he said he's ebike curious....I'm internally devastated but also like heck yeah...you go
I think LBS are too expensive. Online parts and self service better.
Mobility is it you nailed it, e-bikes, cargo bikes with baskets and lastly scooters yes e-scooters are what you're going to have to sell unfortunately
This is very interesting video and raises a great question. But emobility is the same as Electric cars and then huge medium to long term problems. Fixing these cheap ebikes/scooters direct from China is a law suit waiting to happen. Escooters have burst into flames causing deaths which I can see very soon that the UK will sue who last worked on it as they can not ever get to the supplier in China.
I see the future of bike stores going out of business because bike sales will be done from the factory.
It's going to go back to the old-fashioned bike repair shop with low voltage integration.
Bike stores are senseless. We, as the general public, are not racers. We don't need $5k bikes. We need $500 bikes!
We don't needs kits to ride bikes. We already have biking clothes. They are the clothes we wear every day.
We don't need clips, we just need pedals so we can wear the shoes we already have. Sorry bike store owners. The industry has sold you a bill of goods that we don't want!
Do you still work on poor people's regular pedal bike or is there no profit in helping the poor?
The poor fix their own bikes. 20 years ago when I didn't have a pot to piss in and a window to throw it out of, I wrenched on my own stuff. Most in that type of financial rut will do the same.
Yep, we work on all types of bicycles. The Walmart bikes are the tough ones. Very poorly made and they break all the time.
The overall industry doesn't reflect how a local bike shop is performing. There is geography my friends, that determines what sells more than any trend. The extent of sales go's beyond the factory bice sale. Services, the extent of service demand is related to ones location. Knowing your marketplace is critical.
The extent of sales goes* beyond ...
Bikes with rim brakes are simple to fix and bikes about £500 dollars
Very true. The world of the bicycle mechanic has become extremely complicated.
Cars with less then 10000kms are cheaper in Australia than any bike with carbon rims and force di2 or above
Lean heavily into servicing. It's where the customers are. Bikes are good, they last a long time now (durability and in my opinion they are pretty close to the pinnacle in regards to geometries) but they will always need maintenance amd there's a global shortage of good mechanics.
Couple that with everyone moaning about how expensive they are (granted, the top end bikes are, but YOU don't NEED that bike) people are keeping their existing bike and just looking after it, but there's always jobs the home mechanic can't or won't do, and that's where the workshop comes in.
Just my opinion running a workshop for the last decade with increasing customer base and sales every year.
PS. I advertised once. At the start, waste of money, word of mouth brings the customers.
Cant come soon enough, BIkes that cost more than a car or motorcycle. unbelievable
I think I'm going to open a used bike store. Plentiful used steel bikes and great quality bikes used, since the carbon craze.
Add in that now kids are on the computer and driven everywhere from mommy and daddy 😂. Are kids wanting new bikes ? E-bikes are a nightmare . I saw one on the trail looked like a full dirt- motorcycle huge tires, belonging off road not on a bike trail . This continues bicycles wont even be safe on designated bicycle trail where no motors were allowed before!!!
At the risk of stating the obvious and you may be behind the curve though fir the remainder of 2024 you need advertise and merchandise in order to take advantage of the Christmas quarter.
I’ve been behind the whole year, but that’s what it’s like starting a business.
i had to stop , and just say if ur in a recession why would u use the profit u say u know will not carry over to leave a deficit , that's just not good
I didn’t know until I had inventory, then I knew.
Bicycle industry priced their consumers right out of the market…..Not getting what they were asking for during Covid.
Im riding a Specialized Stumpjumper from the 1980's . I had a 2014 Biachi road bike but was tired of fixing flats and the way people drive today . Im happy doing on off riding . Im sitting in the woods right now about RIP !!! hey im 58 a young guy !! No more new crap for me , including tools,cars,etc . Corperate go 🖕
2014 Bianchi* bike. And punctuating and puncturing seems the same to you😉.
@@einundsiebenziger5488 go fly a kite 😉
Crappy e-bikes are asking for lawsuits and bad reviews.
bruh.. you are asking for a part time employee.. with all those qualifications?! i hope it pays well! thats alot to ask for qualifications for just a part time employee on a first year business with first month profit. good luck! the cycling industry has done itself dirty with the greed.
... that's* a* lot* and "Bruh" is not a word, let alone something to address a sentient being with.
@@einundsiebenziger5488 it's an informal word, found in the Oxford dictionary that can be easily verified with Google. Not hard to do. It's even used in a handy sentence that makes great use here as well. " Get off the Internet and get a life bruh. " 😂
And for a part time employee, yes that is a lot of qualifications to work part time at a bike shop. Which is why I followed up with, I hope they are paid well for their qualifications. Imo, that seems like like a partnership type request of qualifications. But for a first year business with a first time profitable month. My comment stands. Thanks for commenting.
Are mountain bikers getting too old and too settled in to a home life to hit the trails? Bicycling goes through fashion and trends faster than the old geezers can catch up? I think the trend in cycling is regarding bikes as automotive accessories, not escape to the woods.
Take Lazy-Boy recliners in on trade for a new bicycle.
You have to curtail your competitions inroads.
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My 12 yr old just came out...devastated...he said he's ebike curious....I'm internally devastated but also like heck yeah...you go