EmptyB Posted June 28, 2016 Posted June 28, 2016 Surprised they were in a mall for so long. Can't think of a bs in any mall anymore, unless those guys in Nelspruit are still in the Riverside Mall, which I saw years ago, heck Cajees were even in Westgate at one stage, Tony Impey in Bedford Centre for many years, Eastgate Cycles and Hardware a long time ago. Is the lbs still in the Gateway Mall?Design in Motion...
Shebeen Posted June 28, 2016 Posted June 28, 2016 oh do tell us more -thought it would go in big lots to bike stores, if they went bike by bike it must have took foreverThat fat bike above went for R12500, R500 more than retail price and excluding 25% commission. #overpaid25% commission, sure it's not 15% anyway, so i suppose it all ends up in the hub classifieds in the end!
Shebeen Posted June 28, 2016 Posted June 28, 2016 most of the items are in the classifiedsthis guy? https://www.bikehub.co.za/index.php?app=core&module=search&do=user_activity&mid=47563&search_sort_order=desc&search_app=hubmarket
popcorn_skollie Posted June 28, 2016 Posted June 28, 2016 I will miss them for those saturday night missions.You're busy in the garage. Getting the bike sorted for a sunday morning ride.It looks like frankensteins lab up in there. Then you realise you need something.Nobody in the whatsapp groups can help. Its 20:38. There's still time.You drop everything and gooi to canal walk.
HenryS Posted June 28, 2016 Posted June 28, 2016 oh do tell us more -thought it would go in big lots to bike stores, if they went bike by bike it must have took forever 25% commission, sure it's not 15% anyway, so i suppose it all ends up in the hub classifieds in the end!My other half was there. It was bike by bike and it took hours. 11% buyers commission plus 14 %VAT. Apparently a lot of the bikes went for close to retail before the commission and vat were added.
urbanroyal Posted June 28, 2016 Posted June 28, 2016 My other half was there. It was bike by bike and it took hours. 11% buyers commission plus 14 %VAT. Apparently a lot of the bikes went for close to retail before the commission and vat were added.Crazy. ...I thought I could get me a cheap car at Aucor's auctions..prices were mad after adding VAT and comm. ...bought the same type of car cheaper at a dealer. ..go figure. ..????
flymango Posted June 28, 2016 Posted June 28, 2016 Haven't followed all the posts but in my simple uninformed retail mind there is no way that a cycle shop can pay high-street rentals and still have margin left for overheads and profit. But I'm a retail cynic.
Warren_G Posted July 13, 2016 Posted July 13, 2016 Rent was too high, apparently City Cycles occupied 3 units which meant mega rent, they just couldn't sell enough bikes to keep up with expenses.
Shebeen Posted July 13, 2016 Posted July 13, 2016 Rent was too high, apparently City Cycles occupied 3 units which meant mega rent, they just couldn't sell enough bikes to keep up with expenses. watch an persian rug shop move in - now that's a business model i'll never understand
Skylark Posted July 14, 2016 Posted July 14, 2016 Half the shop is listed in the classifieds at "bargain" prices.
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