Action cycling CT

[QuintinS]

any confirmation of his new addy yet?

 

dragon trying to secure a "safer" market for their concept store down the road .... I wonder?

No, still trying to relet his current premises. Only once thats done.. will he move out..

[Edge_Design]

Marco's shutting down the retail part of his operation. Moving to a workshop only in Paarden Eiland.

The rent was too high to justify staying on... combined with the fact that Dragon Sports shafted him with a change to their dealership agreement with him, so that if he wanted to remain a Giant Dealer he'd have to invest a Sh*tton of capital into buying bikes from them outright. in the region of a bar.. for stock.

 

Why not just get alternate financing and buy the stock if Dragon aren't willing to finance the shop any longer (if I'm reading your post correctly)? Maybe they don't have the capital to finance the stock themselves with additional stores opening in which case it's completely reasonable IMHO.

[Hairy]

No, still trying to relet his current premises. Only once thats done.. will he move out..

ok, but there looks to be no trade happening at the ct store at all.

 

Either way, wish him all the best and I look forward to his new venture.

[dwinter]

I imagine LBSs are also feeling some price pressure from CWCs online deals, which are hard to beat.

 

Hats off to CWC for seeing the gap and taking it.