The Bike Shop Purchasing Guide
Make smart decisions when purchasing equipment for your Bike Shop. Learn about the equipment you will need, typical costs, and where are the best places to buy it.
Bike shops can range from the simple (selling just bikes and a few key accessories) to the more elaborate (offering repair services and all kinds of biking accessories). This article will help you price out your inventory and decide what you would like to sell.
Most bike shop owners will need the following equipment to get started:
|
|
|
Sample List of Purchases
A typical person looking to purchase equipment for a bike shop business might make the following purchases:
|
|
Grand Total: $18,874
Obtaining a quality selection of bikes is the most important buying decision you’ll make.
First, you need to know your target market. Are you expecting a lot of professional bikers, or lower-income crowds who might want used bikes? Do you want to sell bikes for the beach, or offer all kinds of bikes?
Here are some popular options to look into when purchasing bikes for your store.
Bike Options
Popular Non-Professional Bikes
Beach bikes are popular among coastal regions, especially wherever there is a lot of tourist or vacation traffic.
- Schwinn Mikko Adult Beach Cruiser Bike
- sixthreezero Around The Block Women's Single Speed Cruiser Bike
Another type of recreational bike is the mountain bike. These are great for areas that get have a high density of national parks and outdoor bike trails.
Popular Professional Bikes
The most popular riding bicycle is the road bike. This is the preferred style of bicycle for athletes and anyone else who bikes for exercise. Cities often have a high demand for lightweight road bikes.
There are also professional mountain bikes for those who wish to go on longer or more challenging outdoor treks.
Bikes can be purchased from wholesalers, other bike distributors, or directly from the bike companies themselves.
Generally, new professional bikes will need to be purchased from their distributors (Schwinn, Cannondale, etc.). Other bikes can be found from online retailers or wholesalers, who will sell new or used bikes for discounted prices. It is difficult to buy bicycles in bulk, but some websites do have deals if you buy a certain amount of bikes or spend a certain amount of money.
Affordable Bikes & Accessories
Here are a few options when purchasing bikes online:
- eBay (different sellers make it difficult to save money on shipping)
- Bikes Online
You can also shop wholesale when buying bikes in bulk:
High End Bikes & Accessories
The following manufacturers are much more expensive. However, these bikes are often in high-demand among serious bike enthusiasts:
Next Steps
Find out more about what goes into starting and running a bike shop
Protect your personal assets from unexpected legal claims. Consider structuring your business as an LLC.
Sign up at our Business Center to access useful tools for your business.