Bicycle Shop Near Redlands, Loma Linda is Liquidating $1M Merchandise

A bicycle shop owner near Loma Linda and Redlands has received notice he may have to vacate his family business in Riverside, and he is trying to sell off more than $1 million in merchandise, he said Wednesday.

"We got a letter 2 to 3 weeks ago saying we might have to be out within as little as 30 days," Joe Klure, 52, said in a phone interview. "We're trying to liquidate more than a million dollars worth of bikes, accessories, and merchadise.

"If anyone's looking for anything they should come on down," Klure said. "It's a 6,000-square-foot store and we use every inch of space, so we have bikes on the ceiling and everywhere else. We're a family bike shop. We sell everything from tricycles to $10,000 road and mountain bikes."

Klure said he is uncertain exactly when he will have to move California Cyclery & Supply Riverside Schwinn out of its location on Central Avenue. The business has been there 45 years, Klure said.

"We know we have to receive a written notice to vacate, and we have not received that yet," Klure said. "Right now it's just day-to-day."

Business has been down in the recent economic downturn, Klure told the Press-Enterprise recently. The shop sold $12,000 to $20,000 a day during its peak, but sales have dropped to $5,000 or $6,000 a day, Klure said.

California Cyclery & Supply Riverside Schwinn is at 3747 Central Ave. in Riverside. For more information visit www.calcyclery.com, email californiacyclery@att.net or call (951) 682-1392.

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