6 Bike Shop Business Success Stories [2024]
Here are some real life success stories of starting a bike shop business:
1. ESKUTE ($3.36M/year)
Alan Chen, founder of ESKUTE electric bike, came up with the idea during the COVID-19 pandemic when the demand for electric bikes soared. With a background in the electric bike battery field, Chen saw an opportunity to provide a safe and eco-friendly transportation method and started planning the project. Despite facing challenges and making mistakes along the way, ESKUTE has become profitable, with plans to expand production and open new stores across Europe.
How much they make: $3.36M/year
How much did it cost to start: $25K
Current team size: 60
ESKUTE started a successful electric bike brand during the pandemic, with a team of nearly 30 staff members, and now makes $280k per month with sales across Europe.
Learn more about starting a bike shop business:
Where to start?
-> How much does it cost to start a bike shop business?
-> Pros and cons of a bike shop business
Need inspiration?
-> Examples of established bike shop business
-> Marketing ideas for a bike shop business
Other resources
4. Free Website Builder For Your Business
Google My Business can automatically generate a free website for you using info from your Business Profile, and you can edit it anytime.
Website traffic: 66M/month
5. Jenson USA
Where they're located: Riverside, California, USA
Website traffic: 1.36M/month
6. Bicycle Retailer and Industry News
Bicycle Retailer & Industry News is the leading source of news and information about the bicycle industry in North and South America, Europe and Asia.
Where they're located: In Salah, In Salah, Algeria
Website traffic: 150K/month
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings
- 4,818 founder case studies
- Access to our founder directory
- Live events, courses and recordings
- 8,628 business ideas
- $1M in software savings