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Twenty years in the bike trade, Orbit owner and former IBD Simon Gershon of Leeds wants to move to Scotland and further his education.

Orbit is up for sale

“I have decided to return to college,” said Gershon.

“I started my first shop in 1984 (Two Wheels Good) in Leeds and expanded to three Freewheel shops (Leeds, Manchester and Sheffield). I took over Orbit Cycles in 1993.

“I’ve now closed my high-street shops and all operations are from one factory. Our turnover is around £1 million and I employ eight people.

“Twenty years in the cycle business is long enough for me, I need a change. I’m planning to study philosophy and psychology, and move to Scotland.”

The sale of the business would include both Gearshift mail-order and Orbit Cycles, and would require around £200,000 of capital for the stock.

“Our growth over the last two years has been in retail mail-order, and we now have a database of over 10 000 active acounts,” said Gershon.

“On the cycle side, we are probably the biggest supplier of tandems and touring bikes in the UK.”

simon@orbit-cycles.co.uk

http://www.orbit-cycles.co.uk

http://www.gearshift.co.uk

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