Wiggle up for sale?

Halfords are in the frame 😯 🙁

£200 million, bargain, can I have 2 please?

Worth £200mil but turning over £50mil…. of course depends on margins made but might take some time to get your money back on that one…..

Think on this one i’m out though

It’s probably out of stock anyway!

How many STW users are there?
We can all chip in and buy it as a co-op, then sell ourselves cheap stuff as a non-profit organisation.

wonder how much chain reaction is worth then?

Since opening its doors 25 years ago, Chain Reaction Cycles has grown from a small family-owned village bike shop in Ballynure, Northern Ireland to the number one online bike store in the world, operating from a 100,000 sq ft, purpose-built factory. The original Ballynure Cycles, the humble brainchild of George and Janice Watson, came into being thanks to a £1,500 bank loan. But the hard-riding pair had their eyes on greater things and in 1989 moved to larger premises. Ten years later, as Chain Reaction Cycles, it went online and the rest is history. Still family-owned, it is now run by the Watsons’ son, Chris. In 2009, it made £8m profit on £77.4m sales and should be worth £75m.

Given the CRC figures, that £200m for Wiggle looks a bit, err, speculative. I wonder if they have plans to go into distribution, like the Hotlines/CRC set-up (they are already sole importers of some brands).

scrap what i just wrote –

Given the CRC figures, that £200m for Wiggle looks a bit, err, speculative.

+ 1 (unless they know more about future plans…)

What sort of discount do you get when you’ve spent £200m in the last year?