Their inventory is depleted already. Not much to be found in terms of deals.
Are there any other similar companies in still in business?
alfredrowdy on
That’s a shame. They sponsored many events and riders and did a lot to support cycling.
20mins2theRockies on
They bit off way more than they could chew.
They leased a massive new building in 2021. It was almost comically big. Bigger than a Wal-Mart Supercenter. Not joking. And then filled it up with over 3,000 bikes. Fall of 2022, the bike boom grinded to a hault, and they were stuck with a huge rent payment and 3,000+ bikes that they had to sell for cost or a loss.
The Covid bike boom-bust claims another victim 🙁
i_like_it_raw_ on
Damn. Prolly cause they invested in Radavist. Why would anyone want to purchase a site like that? If they weren’t making money on reselling bikes, did they think they’d make money off advertisers from the Radavist?
njoy-the-silence on
Darn! Got a smoking deal a few weeks ago but looks like no more.
5 Comments
Their inventory is depleted already. Not much to be found in terms of deals.
Are there any other similar companies in still in business?
That’s a shame. They sponsored many events and riders and did a lot to support cycling.
They bit off way more than they could chew.
They leased a massive new building in 2021. It was almost comically big. Bigger than a Wal-Mart Supercenter. Not joking. And then filled it up with over 3,000 bikes. Fall of 2022, the bike boom grinded to a hault, and they were stuck with a huge rent payment and 3,000+ bikes that they had to sell for cost or a loss.
The Covid bike boom-bust claims another victim 🙁
Damn. Prolly cause they invested in Radavist. Why would anyone want to purchase a site like that? If they weren’t making money on reselling bikes, did they think they’d make money off advertisers from the Radavist?
Darn! Got a smoking deal a few weeks ago but looks like no more.