6 Bike Shop Business Success Stories [2024]

Pat Walls

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Updated: November 1st, 2023

Start A Bike Shop Business

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

We Launched An E-Bike Brand During The Pandemic And Now Make $280K/Month

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.

About

Alan started ESKUTE almost 3 years ago

Revenue

Alan grew the business to $280K/month

Costs

It cost Alan $25000 to start the business

Read this case study

Read by 3,201 founders

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

Part of

Starting A Bike Shop Business: Everything You Need To Know

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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