Now that the cat is out of the bag, lots of questions have come up. I would like to address some concerns right away. So this is Scott interviewing Scott.
Is Salvagetti in financial trouble?
Nope. Quite the opposite. Because of our super badass customers, we have consistently been over double the average profitably of bicycle retailers in the US. Money isn’t a problem and really hasn’t ever been the problem. Maybe those first 3 years, that was tough.
So, then what is the problem?
There is no problem. No one did anything wrong. I am moving into a new venture to further help retailers. Helping out my fellow retailers is what I became very passionate about over the last 3 years. I’m stupid excited about my plans.
Me, too. That isn’t really a question, though.
Where are you going to shop for bike stuff, Scott?
Well… I’m actually excited to get to go bike shopping in the Spring. I’m going to shop at Yawp Cyclery, Jinji, SloHi and whatever Ryan names the Annex.
Oh yeah, the Annex… what is happening with that?
Thank you for asking. Ryan is taking it over. He already ran the whole thing from top to bottom, so this is a natural fit.
So, what is on sale? Can I get a free bike and all the accessories?
Everything is on sale. It will get cheaper as the time goes, but only to a point. As I said earlier, we aren’t in financial trouble, so we don’t *have* to sell everything. I’ll take giving it away to someone awesome over selling to a vulture for cheap. (No offense to vultures, but you are sucky)
Yeah. This is hard for me. I love Denver. I love bikes. I love Salvagetti. And this has been a long and tough decision process. I don’t want anyone to think that I am taking this lightly. The decision had to be made how I could continue to grow and this was not the easiest path, but it is certainly the correct path. Also, I want everyone to come to our last bike party on September 1st. It will be a good time and maybe we will give away a bike, who knows?