Another one bites the dust: After 46 years of bicycle retailing, Albuquerque’s Cycle Cave is selling through its inventory and calling it quits.
The father-and-son business wasn’t struggling, according to the Albuquerque Journal. But Hervey and Bob Hawk have been working long hours for the better part of quite some time, and they feel they’ve earned a rest.
Says Bob:
I plan to get back in shape and do some of the bike rides I’ve listened to everyone talk about all these years. I think my first trip might be to Moab. As for Hervey, he has a lot of projects around the house to do. I’m sure his dog Jose’ will be happy he is home all day.
I’ve visited Cycle Cave a time or two. And though I can’t call myself a regular, I’m sorry to see the Hawks fly away.
Tags: Cycle Cave
December 21, 2019 at 8:45 am |
From what I heard, they tried to find a buyer to take over the business but weren’t able to. Also, they always paid cash for their inventory. Nothing was bought on credit.
December 21, 2019 at 8:48 am |
Seems like they’d be delighted to find a buyer. But damn, this town has a lot of shops already.
Cash for inventory, hey? Good on ’em. Debt is not your friend. We’re retiring ours as fast as is humanly possible.
Any of the local powersports dealers carrying e-bikes yet? That could nibble into a few IBD profit margins.
December 21, 2019 at 8:45 am |
I worry about that with Rob and Charley’s up this way. Seem to be doing fine but I wonder if at some point Charley will either sell the place or go this route. That would be sad. The place is an institution. I don’t even blame them for not warning me that those Marathon Plus tires exhausted my entire year’s worth of cursing in one afternoon….
December 21, 2019 at 8:51 am |
R&C is mos def an institution, like Old Town in Bibleburg, Two Wheel Drive here, Turin in Denver, and gawd only knows how many others. I always liked the cramped and crowded little shops that felt like hobbit-holes.
December 21, 2019 at 9:15 am |
Frank Smith, owner of Island Triathlon and Bike in Honolulu, was a good friend of mine and a fellow board member of Hawaii Bicycling League. He often lamented the tiny profitability of bike shops. Said you did it for love, not money. Glad there are folks like Charley, Frank, and Hervey and Bob who still have the love.
December 21, 2019 at 9:38 am |
Fort Collins lost Peloton this fall. A very successful shop for what seems like forever, that kept moving into bigger and bigger stores. Missed a tax payment and the city swept in, liquidated everything. Never found out if they were a victim of market cycles or just bad bookkeeping.
December 21, 2019 at 10:15 am |
Bike retail’s a great way to make a small fortune – as long as you start out with a large one. I got out while it was still (mostly) fun and don’t think I would enjoy it at all today. We’d laugh enough at the know-it-all “engineers” (I’d always say, “Engineer? That’s great, what kind of train do you drive?”) back then but with the innertoobs today everybody’s a f–king expert. They don’t come in for advice/expertise, it’s argument/debate instead. Or the “Please help me (for free) with this gizmo I bought online (mail order it was back then) that (isn’t even close to compatible with what I have) I don’t have a clue as to how to install.” We’d always threaten to get one of those signs – Labor Rates: $50 per hour. If you watch $75. If you help $100.
Now I get to adjust a bike from our rental fleet to the client’s measurements, hand ’em one of our RideGuides and send ’em down the road. Much more fun than bike retail ever was, even back-in-the-day.
December 21, 2019 at 1:29 pm |
MY LBS, M&M Cycling, should get one of Larry’s signs and add a line stating that bike washing before service is an extra $50. I can see their shop closing for retirement in 10 or 15 years. They are good business men, and if the business they have continues they should be alright. They seem to have 3 work stands busy all day every day. I hope it turns out that way.
Just like I will never again buy a guitar without playing it, I will never again buy a factory bike much less order one on line. I will get the frame set and pick my own components with the help of the guys at M&M and have then assemble it. I have done 4 that way now and have been very happy with the results. Plus you can move some components from the old bike to the new one.
December 21, 2019 at 1:41 pm |
I fear that my LBS will bite the dust soon. The owner is getting old (and I an 70 for crissake), he lost his best mechanic and right hand man when he got his degree. The last time I went there I was greeted by a guy with alcohol on his breath who said that he was taking the owner’s place to make sure that his two mechanics didn’t steal stuff.
Sounds like a business plan to me.
December 21, 2019 at 2:17 pm |
I used to get a lot of parts and supplies online but always bought my bikes or framesets locally. Over the decades I’ve collected pretty much what I need to wrench bikes and bikes are actually easier to work on than mass spectrometers. Of course one doesn’t want the wheels falling off on a downhill, but, knock on wood, that has not happened yet.
Nowadays, I’ve run out of reasons to buy gruppos (do they still call them that?) and try to buy most stuff locally. Especially since there are a lot of bike shops in Santa Fe. Back when we lived in BombTowne, it was just easier to open the innertubes and order stuff and have it delivered to the house rather than drive the 40 miles to Fanta Se.
Main problem right now is no one stocks Vittoria tires in this town. Not sure why, but they are still my favorite.
December 21, 2019 at 3:56 pm |
Agree with you on the Vittoria tires Khal. I’ve been running these 25mm units for a while now and love how they roll. Very nice tire.
https://www.biketiresdirect.com/product/vittoria-rubino-pro-g20-road-tire?sg=500
December 21, 2019 at 4:29 pm |
Thanks, David. That looks good. Also, if you are still in the market, Excel has a two for one fire sale going on some Vittorias. https://www.excelsports.com/main.asp?page=7&major=1&minor=27#.filter-VITT
December 22, 2019 at 12:32 am |
My guess is the shops are full of branded tires from S, T or G….no room for Vittoria or Michelin? I saw a Big-T branded (I think it was branded Bontrager) tire earlier this year with packaging that made me believe it was produced for them by Vittoria.
I think “gruppo” has been ditched in favor of groupset since so few of them come from Italy these days. Heck, even most of those come from Romania now.
December 22, 2019 at 7:55 am |
Rob and Charlies stocks a few Michelin choices but scant few. I see plenty of Continentals and Specialized stuff in this town. I’m not too picky on what goes on the mountainbike but am a pain in the ass to please on the road machines. If it were not for goatheads and pieces of other peoples beer bottles I would go light and fast but its a compromise.