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Opening a Mountain Bike shop in Central

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  1. #1

    Opening a Mountain Bike shop in Central

    Hi guys,

    I am an avid Mountain biker and entrepreneur and am looking into opening a mountain bike shop in Central or Sheung Wan specialising in mountain bikes and accessories.
    I wanted to get some feedback and thoughts as to whether this would be a good area's and is there a demand for a great bike shop.

    Any bits of advice or thoughts would be greatly appreciated.

    Peter


  2. #2

    Join Date
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    Do you have lots of money as the RENT will kill you in the two locations that you are referring to.

    chris_yang22 likes this.

  3. #3

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    Quote Originally Posted by chuckster007:
    Do you have lots of money as the RENT will kill you in the two locations that you are referring to.
    Opening in Central or Sheung Wan, maybe OP is thinking of expats' money to pay the rent.

  4. #4

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    Dec 2009
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    Quote Originally Posted by Peter Li:
    a mountain bike shop in Central or Sheung Wan

  5. #5

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    Highly dubious if you could afford Central rents. There is one good store in Sheung Wan and one a bit further out towards Sai Ying Pun.


  6. #6

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    Why Central? Also, you're gonna find it tough getting in...most shops operate on wafer thin margins without the Central rent burden...and slowly but surely, more people are ordering online...are you going to have it at street level...? That's normal for bike shops...


  7. #7

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    I would have a bad feeling about this.
    Rent too high, competition both online and in place is fierce. Plus the market is probably very small.


  8. #8

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    A guy opened a really nice bike store in Happy Valley which went under within a year.


  9. #9

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    Then, what's your USP? There's mountain bike shops all over the territory catering for all sorts of rider...why should I come to your shop?


  10. #10

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    I wonder how many thousands of bikes you would have to sell per month to pay the rent?


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