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Bicycle Shops and Stores

SIC 5941 | NAICS 451110


The following guide to market research and industry analysis provides sources for industry trends and statistics, financial ratios, salary surveys, and more.



For guides to other industries, see our index.





Industry Analysis, Trends, Statistics, and Forecasts



Bicycle Dealers & Repair Shops  (view report)
Sporting Goods Stores  (view report)

Comprehensive market research reports provide in-depth industry analysis and five-year forecasts, with special focus on the underlying structure and external forces and relationships that affect industries and their performance. Report contents include:

  • Market size and characteristics
  • Key statistics and ratios
  • Current performance
  • Operating conditions
  • Competitive landscape
  • Major companies
  • Five-year growth forecast


National Bicycle Dealers Association
Information resources available from this trade association include:

Bicycle Retailer and Industry News
http://bicycleretailer.com/
Monthly trade publication features news and information for bicycle retailers and dealers, with topics covered in each issue including industry news and developments, market studies and reports, retail operations, and new products and technology. Selected articles from current and prior issues of the magazine are categorized by topic in the article "Archives" section and can be viewed free online.

Industry Overview
http://nbda.com/  Select "Research & Reports"
Introductory section provides information on sales trends for all bikes and bikes with a wheel size of 20 inches or larger, specialty bike sales trends by type of bike, primary distribution channels (e.g., specialty bike, mass merchant, sporting goods, and outdoor specialty retailers), number of specialty bike retail locations, cycling participation, and additional reference sources. All information is available free online.

U.S. Bicycle Market
http://nbda.com/  Select "Research & Reports"
Annual report provides a detailed overview of the U.S. bicycle market, with topics covered in the report including year in review, major industry events, cycling participation, market consumption, imports and exports, distribution channels, specialty product retailers, top suppliers and brands, and niche product categories. Table of contents and list of tables and charts included in the report is available free online.

Specialty Bicycle Retailer Study
http://nbda.com/  Select "Research & Reports"
Annual study presents an in-depth profile of the specialty bike retail marketplace, with topics covered in the report including business models, store size and location, product category mix, brands carried and sold, factors influencing the business, impact of economic conditions, and revenue forecasts for the year ahead. Table of contents and list of tables included in the report can be viewed free online.


National Sporting Goods Association
The Sporting Goods Market
https://www.nsga.org/

Comprehensive study of consumer purchases of sports equipment, clothing, and footwear provides historical and forecast sales data for over 20 product categories, with categories covered in the report including baseball, basketball, bicycling, camping, fishing, football, golf, snow sports, and water sports. Summary description and complete listing of products included in the report can be viewed free online.


Global Industry Analysts, Inc.
Bicycles - A Global Business Strategic Report
http://www.strategyr.com/

Market research report provides a detailed analysis of the market for this product sector on a global basis, with topics covered in the report including historical and forecast sales by product segment (mountain, road, hybrid, youth, and other bicycles; parts and accessories) for the U.S. and other selected countries. Summary description and detailed table of contents are available free online.




Financial Benchmarking Data



Industry Financial Ratios
Bicycle Stores
https://www.bizminer.com  Search for "451110"

Five-year financial statement analysis includes income statements, balance sheets, and key financial ratios, with data available by sales size range on a national, state, and metro area level.

  • Income and expense detail in dollars and percentages
  • Balance sheets in dollars and percentages
  • Cash flow analysis
  • Liquidity and working capital ratios
  • Profitability and return on investment ratios
  • Asset turnover and efficiency ratios
  • Capital structure and debt service ratios


National Bicycle Dealers Association
Cost of Doing Business Study
http://nbda.com/  Select "Research & Reports"

Biennial cost of doing business survey provides income statement and productivity ratios for specialty bicycle dealerships categorized by annual company sales volume, number of store locations and square footage, location type, level of profitability (typical v. top 25 percent), and geographic region. Introduction and detailed table of contents from the report can be downloaded and viewed online.


More Resources ››



Compensation Surveys


PayScale
Bicycle Shops
https://www.payscale.com/

Free online service provides median salary and hourly wage data for selected job positions in this retail sector such as store manager, salesperson, and bicycle mechanic for specialty retailers that sell bicycles, bike parts and accessories, exercise and fitness equipment, and specialized clothing and footwear in conjunction with providing repair and maintenance services for their products.


More Resources ››



Business Valuation Resources


Small Business Valuation Multiples

Bicycle Shops
http://valuationresources.com/

Comprehensive reference guide provides market-based valuation multiples for small specialty retail shops and stores that sell bicycles, bicycle parts and accessories, and specialized athletic clothing and footwear in combination with providing repair and maintenance services for their products.








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