With CRC’s turnover. More of a megacorp than a bike shop now though.
Take from management today’s list of britains top 100 Entrepeneurs.
“22. CHRISTOPHER WATSON, CHAIN REACTION CYCLES
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.“
Good on ’em i say.