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A bike shop or bicycle shop is a business specializing in bicycle sale, maintenance and parts. Bike shops may be small businesses , chain , mail-order or online vendors. Local bike shops (sometimes abbreviated LBS [ 1 ] ) are a key component of the bicycle industry and, in recognition of the value that local bike shops provide, some ...
The New York State Department of Labor describes bicycle repair as a "realistic" occupation, meaning an occupation that would be enjoyed by somebody who likes "practical, hands-on problems," dealing with "real-world materials like wood, tools, and machinery," and one that "does not involve a lot of paperwork or working closely with others."
After both brothers purchased bicycles in the spring of 1892, their aptitude with bicycle repairs and the high demand for repairmen led them to starting their own repair shop. In December 1892, they rented a storefront at 1005 West Third Street, where they officially started the Wright Cycle Exchange. They sold bicycles from $40 to $100.
Quality Bicycle Products (QBP) is a large distributor of bicycle parts and accessories in the bicycle industry, based in the United States, [2] with revenues of $150 million in 2008. [ 3 ] [ 4 ] In addition to wholesaling bicycles and components from other manufacturers, QBP owns and manufactures several brands of its own.
[5] [14] By the end of 1996, Specialized had lost 30% of its bike shop sales and, according to Sinyard, "came within a few hundred dollars of declaring bankruptcy". [5] In 2001, Merida Bikes of Taiwan bought 49% of Specialized (initially reported as 19%) for a reported US$30 million. Mike Sinyard remained majority owner and CEO of the company.
Portage strap: a strap (usually made of leather) attached to the inside of the bike frame, designed to make carrying the bike over one's shoulder easier; Pulley wheel: see Jockey wheel; Power meter: a device on a bicycle that measures the power output of the rider; Quick release: a skewer with a lever on one end that loosens when the lever is ...