With more dense, mixed-use development coming to the Golden Triangle neighborhood and thousands of more potential customers moving to the area in the years to come, the co-general managers are certain Turin could serve an essential function and turn a profit if it could stay or reopen in the area.įine has given the general managers permission to use the Turin name if they decide to open a new bike shop, and they have been in talks with developers about the possibility of setting up ground-level retail in one of the many new developments coming to the area.īut before they open a new Turin - or a shop under a different name - they said they need a break. Beaty/Denverite Re-opening somewhere in the neighborhood is one possibility the managers are considering - even if Turin might not be able to return for a couple of years. Turin Bicycles at 7th Aveneue and Broadway. Cycling enthusiasm runs from early spring through mid-summer, and sales slow down near July. Unlike nearby EVO, which sells both winter sports gear and bikes, Turin is a one-sport store. As a medium-sized bike shop, Turin has neither the buying power of corporate bike stores nor the niche market of the smaller shops that have popped up around town. The business model itself may need some updating.

Finding an attainable new storefront in the area has proved impossible. The entire industry is in crisis, and the Golden Triangle is no longer as affordable for a small business as it once was. People are ordering bikes and supplies online instead of buying at brick-and-mortar shops, and the initial bike enthusiasm that drove sales during the first year of the pandemic has waned. Profit margins are slimmer than they were before. Beaty/Denverite It wasn’t just higher rent that is forcing Turin to close, Stejskal said.ĭisruptions in the supply chain have slowed sales. Mike Stejskal has worked at Turin Bicycles for almost two decades. The going-out-of-business sale will continue until everything is sold out, and if Stejskal and Wileden reopen, they will be changing the business model. “Mike and Dave, two long-time employees, are working to re-home the business and hope to return next year in a new location.” “Alan has looked forward to retirement for some time now and the pressure of development is closing in so after 50 years of serving Denver it is time to say goodbye, at least for now,” it continued. We all thank you from the bottom of our hearts,” the post read. The ride has been amazing for every one of us who have had the honor of serving you at Turin. “To everyone in Denver’s cycling community that we have shared our passion with for over 50 years, our hearts are heavy to announce Turin Bicycles will be closing its doors next month. The shop announced on social media that it would be closing on Saturday. Every item sold would help founder and owner Alan Fine in his retirement, which he had to expedite for personal reasons. Mechanics were working on bikes and co-general managers Mike Stejskal and Dave Wileden were making sure inventory was priced for the sale. The hundreds of bikes that once clogged the shop were largely gone. Customers had shown up early to get deals at Denver’s oldest bike shop, which will be shuttering its doors in the weeks to come. On Tuesday, just before noon, a line stretched outside of Turin Bicycles, on the edge of the Golden Triangle.

Those who remain tunrin location