• This topic has 44 replies, 30 voices, and was last updated 11 years ago by los.
Viewing 40 posts - 1 through 40 (of 45 total)
  • If you had the opportunity to run a bike-related business…
  • los
    Free Member

    …what would it be?

    Just putting feelers out, as the opportunity may be coming my way. It’s what I’ve been thinking about for a long time, but I want to get it right. It’d probably be a one-man-band operation in the short term

    Pearls of wisdom and inspiration please! 🙂

    DrP
    Full Member

    I’d fix rich old men’s punctures.

    DrP

    binners
    Full Member

    I’d supply Hora with forks

    thisisnotaspoon
    Free Member

    Guiding by day, frame building by night. I reckon there’s a niche for a holliday company where you turn up on day one with an idea, by day 3 there’s a ‘finished’ frame to test ride, then tweak it like a tailored suit over the last couple of days.

    IanMunro
    Free Member

    I’d be a trail centre guide for busy business core executives.

    thomthumb
    Free Member

    nipple tweaker to the rich and famous!!

    cynic-al
    Free Member

    Repairs has the highest profit of LBS’ work, that’d be where I’d go, or hires, dealing with folk on their jollies is nicer than grimy commuters moaning about the price of chains etc.

    Rickos
    Free Member

    I’d design a nice modern hardtail frame and have it built in the Far East to keep costs reasonable. Then I might do a full susser too and make it a good bike for razzing about on.

    However, it appears that Cotic (and a couple of others on the hardtail side) have beaten me to it. Probably not much space left in the market for a British designed steel (or even alu) hardtail frame.

    IHN
    Full Member

    I’d supply Binners with pies.

    Milkie
    Free Member

    I would make/run the worlds/UK’s best trail centre everrrrr. Or take people around, I love giving people tips and seeing the improvement and the smile on their faces! 🙂

    los
    Free Member

    All good (except the nipple tweaking); keep ’em coming!

    eyerideit
    Free Member

    Audi / Orange 5 specific anything, you’d make a mint.

    thisisnotaspoon
    Free Member

    However, it appears that Cotic (and a couple of others on the hardtail side) have beaten me to it. Probably not much space left in the market for a British designed steel (or even alu) hardtail frame.

    I thought this the other day, you could be first to mass market with a 650B soul/albert/456?

    I reckon there must be a market for aluminium bikes in this area too, not much cheep-ish hardtail choice if you don’t want steel, Chumba and that’s about it).

    ianv
    Free Member

    A Woodward type place in Portugal or southern Spain.

    Singlespeed_Shep
    Free Member

    Something where you selling a service over a product. Products don’t have a great margin especially if you are trying play with the big boys,

    guiding from a hut, which has a coffee machine, hire bikes, repairs and spares.

    Then employ a nice young lady to do cake and coffee full time whilst you are out guiding when you can afford it.

    los
    Free Member

    shep – that’s not far off the mark. The space is annexed onto a new bike-friendly caff so the nice young ladies (and bald bloke) there can perform cake duties on my behalf

    binners
    Full Member

    IHN – when can you start?

    FunkyDunc
    Free Member

    Bike theft appears to be where its at at the moment 😈

    davesmate
    Free Member

    I split my time between guiding and teaching, the guiding is a lot of fun but my main earner is teaching Bikeability.

    I’m constantly amazed by the amount of adults who can’t/won’t fix a puncture and are willing to spend £10 to have someone else do it. My LBS does a good side line in fixing punctures on all terrain prams as well.

    PJM1974
    Free Member

    As someone else has said, I’d be involved in the design and prototyping of a range of bikes to suit UK tastes and conditions. But I know naff all about metallurgy, I can’t ride for toffee and I’ve zero business contacts in the trade.

    Still, nice to dream eh?

    Cotic, Ragley, On-One et al have those bases well covered. However if any of the proprietors of said businesses wish to employ me as a design consultant then my contact details are on my profile – salary negotiable.

    It is absolutely amazing how few people know how to do the most basic maintenance tasks though.

    jambalaya
    Free Member

    Holiday company, biking summer, skiing in the winter, somewhere in Switzerland. Ideally with a dedicated skills and teaching area as part of the property.

    ski
    Free Member

    Mobile bike store/repair shop?

    Working from a well kitted out van, offering on the spot repairs and bike kit and parts, for popular local trial that dont have any on site facilities?

    Minibus Pickup and drop off service for trips to trials?

    Just making this all up as I type 😉

    DrP
    Full Member

    I’d agree to carry everyone’s smartphone/GPS and ‘win’ them Strava KOMs for £35 a pop.

    DrP

    ski
    Free Member

    DrP – Member

    I’d agree to carry everyone’s smartphone/GPS and ‘win’ them Strava KOMs for £35 a pop.

    DrP

    lol, we have a winner!

    Sancho
    Free Member

    set up a couple of small bike shops getting involved in the local scene and supporting trailbuilders etc.
    focus on customer service and repairs.
    sell bikes kit and the usual stuff.
    coffee tea and biscuits
    organise local rides and some foreign adventures.

    Then look at your own branded kit like lights, bottom brackets, jockey wheels, bearings etc.
    get an amazing wheel builder to work with you.

    create a race team, and produce some national champions in various disciplines.

    then design your own full sus all mountain bike, in carbon and build it in the shed, then get that bike in to production and take on Orange etc.

    Oh wait thats just me, oh how I love my freakin job. 😳
    If you want any help or advice give ma a shout, Im in Leeds but mainly in cambridge at the moment.

    DrP
    Full Member

    It’s now £60 per KOM, given my recently received reviews and awards.

    DrP

    Stoner
    Free Member

    I’d run a bunkhouse in mid Wales. not just for mtb but road tourers, motorcycle tourers, twitchers, hikers etc.

    I have often fantasized about a snug fire lit room with a bar. beer barrels on chocks, some nice wines, a couple of good rums and whiskies. dinner is bowls of stew and homemade bread.

    clean simple rooms.

    a lockable storage cage for bikes, a drying room, a workshop, spares, renewable heating natch 🙂

    when I win the lottery all this for £5 a night …

    Sancho
    Free Member

    can I book now stoner

    29erKeith
    Free Member

    Stoner, sounds just about perfect to me

    Macavity
    Free Member

    http://uk.businessesforsale.com/uk/search/Bicycle-Shops-for-sale
    http://www.thecyclingexperts.co.uk/the-cycling-industry/opening-a-bike-shop/
    “The reality:
    There is a popular saying in the industry which goes something like this: “If you want to make a small fortune in the cycle trade, start with a large one.”

    Being passionate about bikes and cycling alone won’t make you a successful independent cycle retailer. In the 21st Century shop owners need a good business brain to match their enthusiasm for the product and lifestyle.

    There’s also the hard-work and long hours associated with running your own retail business – which may well include everything from sweeping the floors and stocking the shelves, to maintaining your own website, managing the finances and training new staff.”

    thisisnotaspoon
    Free Member

    Minibus Pickup and drop off service for trips to trials?

    +1, I reckon there must be a demand for a minibus or coach from say Manchester or Birmingham to Llandegla/Lee Quarry/Guisburn etc, plenty of people without cars or just wanting to save the petrol/hastle.

    Could even have soem sort of custom trailer with some sort of showers on the outside and bike storage inside?

    Stoner
    Free Member

    if you can play decent folk tunes on a 6 string acoustic then lodging, dinner and your first three pints are free 🙂

    ski
    Free Member

    +1, I reckon there must be a demand for a minibus or coach from say Manchester or Birmingham to Llandegla/Lee Quarry/Guisburn etc, plenty of people without cars or just wanting to save the petrol/hastle.

    Or want a beer or two after a ride 😉

    epicbleedsolutions
    Free Member

    Hey los, join the bleed kit community! Every man and his dog has a bleed kit outfit since we started ours! 😛

    ..on second thoughts, don’t. 🙂

    jameso
    Full Member

    I’d invest in Stoner’s bunkhouse if it had a good brand name, start to produce T-shirts and the like, do a few events based there without being over-run at the bunkhouse, maybe open a few up around the UK.. supporting a small team needn’t be expensive, workshop facilities are profitable..

    There’s no equivalent of Fat Willy’s Surf Shack in the ‘on the road’ tourer / bike world and bothies are a bit exclusive / remote for many but the idea is appealing. Just appeal to the right market and profit from the stay-cation trend.

    In fact, Stoner’s Bunkhouse TM is cool enough : )

    Stoner
    Free Member

    like it. but my drug-free policy may be confusing 🙂

    BearBack
    Free Member

    Anything you do has to involve being able to ride your bike more than you would working for someone else..in a non bike related job or regular 9-5.
    Without increased time on the bike.. theres very little point in being in the industry.

    Rickos
    Free Member

    I reckon there must be a market for aluminium bikes in this area too, not much cheep-ish hardtail choice if you don’t want steel, Chumba and that’s about it).

    You’d have thought, but the mmmBop was discontinued due to the peculiar buying public not wanting that type of bike in alu.

    fluxhutchinson
    Free Member

    Guiding by day, frame building by night. I reckon there’s a niche for a holliday company where you turn up on day one with an idea, by day 3 there’s a ‘finished’ frame to test ride, then tweak it like a tailored suit over the last couple of days.

    I read about this in other of the bike mags abit ago, some guy in the states does it. No further information tho.

    SigmaF
    Free Member

    Have developed 2 bike-related businesses over the past 5 years…

    Both reasonably successful (and profitable) in their own right.

    My advice.

    Have a good think about it – it’s a cliche’ but it’s a rough ride trying to exist/succeed and keep the passion alive!

    It’s certainly possible to get the balance though. Forget retail, look to the sun and seasonality, get your segmentation strategy cock-on and plan to subsidise with some additional income.

    Edit to say:

    I’ve now sold up (both) – and gone back to the 9 – 5 !!

    And guess what – I’m riding more and the passion is back!

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