We simply obtained phrase that Golden, Colorado-based Alchemy Bikes is up on the market. After 17 years, the model’s founder is seeking to promote. “It’s been an unimaginable journey. I began Alchemy with the dream of constructing one of the best bikes on the earth — bikes that really mirrored the soul of the game,” mentioned Ryan Cannizzaro, founding father of Alchemy Bikes. “What started as a ardour venture turned a model acknowledged for excellence. I’m extremely happy with what we’ve constructed.” He goes on to say, “Now, it’s time for another person to steer the ship. I’m searching for a passionate particular person or firm that may take Alchemy into the longer term — somebody who shares the identical love for biking and craftsmanship that has all the time outlined us.”
Since 2008, Alchemy has been producing premium, distinctive, and lust-worthy mountain, street, and gravel bikes. With present fashions, together with the versatile Arktos path bike platform and the Lycos gravel bike, and older fashions just like the Ronin gravel and Helios street bike, the model has been crafting stunning frames in each carbon and titanium for years.
Over time, Alchemy Bikes constructed a status for pushing the boundaries of design and aesthetics, incomes awards from the North American Handmade Bicycle Present. The model’s consideration to element and high quality craftsmanship earned it excessive regard amongst riders and a loyal buyer base. As a comparatively small, considerably boutique model, we’ve additionally been impressed that Alchemy was capable of preserve traction in a market dominated by huge manufacturers and has stayed afloat throughout tumultuous occasions for the trade.
Alchemy Bikes being provided up on the market looks as if a doubtlessly unimaginable alternative for the proper purchaser(s). With a recognizable model title, a longtime buyer base, current trade relationships, manufacturing processes, distribution, and present and former bike fashions, that is most likely about as near a turnkey state of affairs as you’ll discover. In case you’ve ever wished to personal a motorcycle model, this appears like an opportunity to step proper in and take the reins.
After all, we’re hopeful that Alchemy really sells to a person or firm that really is enthusiastic about biking and needs to construct off the model’s current legacy. As we’ve seen quite a few occasions not too long ago, nonetheless, that isn’t all the time how these items work out. With manufacturers like Revel and Kona being bought by non-public fairness corporations or conglomerates with a growth-at-all-costs mindset, solely to be offered again to their unique homeowners just a few years later.
Bike trade drama apart, we want Alchemy’s founder, Ryan Cannizarro, all one of the best to find a brand new proprietor and passing the torch. It is a uncommon alternative to buy a longtime bike model, so in the event you’re , I wouldn’t sleep on it. events ought to attain out to Ryan immediately for extra data.
Ryan Cannizarro: ryan@alchemybikes.com