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History of Erik's Bike Shop


Erik, CEO & Founder

This Year is Erik's 30th Year in Business!

That's right, he was only 13 when he started ERIK'S BIKE SHOP. His first bike, a hand-me-down from an older family member, sparked his interest in bikes. With entrepreneurial spirit, and the money he saved from his job (the only other job he's ever had) as a paperboy - Erik began his business. He bought 150 used bikes, fixed them up, and sold them.

Erik's original workshop was in his parent's backyard, inside one of the few remaining barns in the urban setting of Richfield, Minnesota. A homemade sign brought business to his doorstep.

Throughout high school, Erik worked out of the barn, as part of a school work for credit program. In fact, half of the grading system was for on-the-job performance. Being a "one-man operation" Erik had to grade himself... so he managed to earn a lot of A's!

By his senior year (1982), the business (now stocking NEW bikes and accessories) began to take over storage space from his parents' basement... to the dining room... to the family room. So at 18, Erik moved his business out of his parents' barn and opened a store on 72nd & Chicago Avenue South in Richfield, Minnesota.

His business philosophy remains... professional, knowledgeable service in a friendly store environment.

Now in his 40's, Erik employs up to 140 people and has 13 store locations, 11 in Minnesota and 2 in Madison, Wisconsin. His selection of products and services focuses on Bicycling, SnowBoards, SkateBoards, and all the gear that goes with them.

Erik enjoys working at the shops and helping customers find that perfect bike or snowboard! In fact, he often meets a "Third Generation Shopper" of a customer from his original backyard barn store!



Boulder Sports Research

"Top 100 Bike Retailers"

2005 - 2006 - 2007 - 2008

Twin Cities Business

August 2006

 

Ernst & Young

Entrepreneur of the Year

Consumer Products

Lake Minnetonka
Magazine

June 2006


Rising Stars Retail Award

Chain Store Age

January 2004

Bicycling Magazine

"Wrench Section"
Featured Bike Shop

Sept. 2004

Bicycle Dealer
Strategies Magazine

"Top 100 Bike Shop"

City Pages Newspaper

"Best Bicycle Shop"
Reader's Choice


Lavender Magazine

"Best Bicycle Shop"



Twin City Sports Magazine

"Best Bike Shop"



Specialized Bikes

"Number One Dealer in the Nation"

1998-2007

Raleigh Bikes

"Number One Dealer
in the Nation"

1998-2007

Cannondale Bikes

"Top 10 Dealer in
the Nation"

1998-2007

Specialized Bikes

"Number One Dealer
in the Nation"

1998-2007

Seven Cycle Custom Bikes

"Top Five Multi-Store Dealer"

2004-2007

Haro Bikes

"Number One Dealer
in Midwest"

1998-2007

Burley Trailers

"Number One Dealer
in Minnesota"

1998-2007

 

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