Mastermind Bicycle Studio

How I Started A $55K/Month Chain Of Cycling Gear Retail Stores

October 21st, 2020
Mukund Umesh Thakkar
$55K
revenue/mo
1
Founders
26
Employees
Mastermind Bicycl...
from Mumbai
started March 2015
$55,000
revenue/mo
1
Founders
26
Employees
market size
$29.2B
starting costs
$18.9K
gross margin
43%
time to build
270 days
growth channels
Word of mouth
business model
content-library
best tools
Quickbooks, Later.com, Later
time investment
Full time
pros & cons
24 Pros & Cons
tips
2 Tips
Discover what tools recommends to grow your business!
social media
accounting
other
Discover what books Mukund recommends to grow your business!
Want more updates on Mastermind Bicycle Studio? Check out these stories:

Hello! Who are you and what business did you start?

My name is Mukund Umesh Thakkar, I run the company with the brand name Mastermind Bicycle Studio. We are a chain of Retail Stores, selling the sport of Cycling through the most high-end and premium brands in the world of cycling and triathlon. We sell a wide range of products from Bicycles, Helmets, Shoes, Wheels, Components, Apparel, etc.

I am a Chemical Engineer and an MBA in Finance, selling and spreading this wonderful sport of cycling in India. I started Mastermind when I was 26 years old. Our Sales Revenue has consistently grown at a rate of around 55% to 65% Year On Year.

how-i-started-a-55k-month-chain-of-cycling-gear-retail-stores

What's your backstory and how did you come up with the idea?

I started Cycling as a hobby, after completing my MBA from Jamnalal Bajaj Institute of Management Studies.

Sorry, you need to login and/or become a member to view the rest of this content.

More Business Ideas Like This

Want to open a cycling store? Learn more ➜