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    Home»Business»Shops Ordered Lots of Bikes in 2020. Peddling Them Is an Uphill Climb.
    Business

    Shops Ordered Lots of Bikes in 2020. Peddling Them Is an Uphill Climb.

    By AdminAugust 12, 2022
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    Shops Ordered Lots of Bikes in 2020. Peddling Them Is an Uphill Climb.



    ElliptiGo Inc. Chief Executive Bryan Pate didn’t have enough of his outdoor elliptical bikes to sell when demand surged in 2020. Today he has a San Diego warehouse packed with too many bicycles that not enough people want.

    “We were like a surfer who did not catch the wave,” said Mr. Pate, whose bikes start at roughly $1,500. “It’s an all-hands-on-deck battle to break even for the next 18 months.”



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