probikekit.com

[crownjewelwl]

just got sold...guess how much revenue??





GBP 15MM (~$24MM)

[drhule33]

I wonder how much of that revenue came from US sales? Sometimes I can't figure out how they can offer certain items at such low prices.

[MattTuck]

Wow. That is a lot of di2 and EPS....

Who were they sold to?

[oldpotatoe]

I wonder how much of that revenue came from US sales? Sometimes I can't figure out how they can offer certain items at such low prices.

Either owned by a bike parts distributor in Europe of drive up to the factory with a suitcase full of Euros, name their price and what they want, load it up, go back home.

[rice rocket]

just got sold...guess how much revenue??





GBP 15MM (~$24MM)

That's it? I thought w/ some of the margins I assume they're running on, that they'd be pushing a lot more volume to stay afloat. But maybe the items most visible to me are loss leaders to drive other higher margin items.

I wonder how this compares to ChainReaction and the like.

[jpw]

That's it? I thought w/ some of the margins I assume they're running on, that they'd be pushing a lot more volume to stay afloat. But maybe the items most visible to me are loss leaders to drive other higher margin items.

I wonder how this compares to ChainReaction and the like.

Chain Reaction and Wiggle are x10

[Llewellyn]

just got sold...

Where did you see that?

[crownjewelwl]

my secret sources...

sold to the hut group (uk multi-site internet retailer) from encore capital

kinda like cc being folded into backcountry i guess...

looks like hut is going public soon...




(i sit in front of a bloomberg all day)

[BumbleBeeDave]

sold to the hut group (uk multi-site internet retailer) from encore capital

I wondered how that guy made his cash . . .

BBD

[jlwdm]

A few years ago I used ProBikeKit a lot. Great prices and great service.

The last year and one-half or two years they have just not been competitive for the things I buy.

Jeff

[MattTuck]

I wondered how that guy made his cash . . .

BBD

That made me laugh. POTD, Dave.

[ctcyclistbob]

A few years ago I used ProBikeKit a lot. Great prices and great service.

The last year and one-half or two years they have just not been competitive for the things I buy.

Jeff

Agreed. I was looking at prices during the holidays and they just weren't as low as they had been. They used to email coupon codes, like 15% off for US customers, etc., but not this past year.

The sale explains some things.

[Tony T]

A few years ago I used ProBikeKit a lot. Great prices and great service.

The last year and one-half or two years they have just not been competitive for the things I buy.

Jeff

With their 10% -20% "sales", and the add-on 10% from their magazine "coupons" (+ free shipping), I usually get the best savings from them.

[BumbleBeeDave]

It's really hard to beat $36-38 each for Michel PR4's even when they are not on sale at PBK. I hate to not patronize my LBS but when I walk into local places and they have them priced $60-70 I can't ignore that.

BBD

[ultraman6970]

Cant remember if was PBK or ribble the ones that showed a darn plane with their logo in it? anybody remember?

[jpw]

probikeshop.com has snappy service. French, but snappy.

[mkbk]

IMO, most retail mergers rarely benefit the consumer, so we PBK users will have to see where this goes. When used carefully PBK can be frighteningly under US wholesale. I use them for my groups and consumibles (Shimano&Michelin), I might have to get an honest job soon!

[Llewellyn]

A few years ago I used ProBikeKit a lot. Great prices and great service.

The last year and one-half or two years they have just not been competitive for the things I buy.

Jeff

Same here. There are better options these days

[BumbleBeeDave]

Same here. There are better options these days

. . . as?

BBD

[Llewellyn]

. . . as?

BBD

Chain Reaction and Ribble

[eippo1]

Just got a dirt cheap crankset from Ribble. A centaur crank for $100, not bad.

[regularguy412]

Just got a dirt cheap crankset from Ribble. A centaur crank for $100, not bad.

Ribble +1

Mike in AR:beer;

[jlwdm]

Hard to beat Shiny Bikes for every day prices on Campy

Jeff