Owners Nick (left) and Pete pose in their "lobby"
Seven years ago, while living in a Volkswagen Van and training to make it as a professional mountain bike racer, Nick Martin planted a seed. A seed that today
has grown into the world’s largest online used bike store. Nick combined his deep knowledge of auction science with his industry contacts and started down a path that has expanded beyond the simple life inside that old Volkswagen Van. While Nick was successfully selling for his mountain bike peers he met Pro Roadie, Pete Lopinto. Pete and Nick combined forces and brought their road and mountain bike contacts together to form The Pros Closet. Within a week Nick’s one bedroom Boulder apartment has filled with teammates old kits and used parts. At that point they knew this was a business model that was going to work.
The Pros Closet is a bike shop unlike any you have seen before. Their knowledge of auction science and eBay’s market place has allowed them to turn over 60% of their inventory every 7 days. By opening your auctions up to a worldwide marketplace and using their proven auction strategies, they can put more money in your pocket than you can selling your own gear. Their deep inventory comes from bike shops, companies, professional athletes, industry reps, and riders like you.
Click to Enlarge How they operate
Here is how they work.
- STEP 1: Bring in the contents of your garage and dresser drawers
- STEP 2: Watch the action. Once your item(s) are listed, they e-mail you a link to
your online account so you can view the action as your auctions unfold. They also
assign account manager to your account to answer any questions you may have
throughout the process.
- STEP 3: Get Paid: After your auction ends, the collect payment and professionally
ship your item(s) to the winning bidder
60% of this will be gone in 7 days!
They can also make you an offer on the spot, walking out of their door with a fist full of cash and a cleaner garage.
The Pros Closet has thrived in a struggling economy. Customers have been shying away from retail and taking the time to find better deals on line. Not only has this increased traffic has allowed The Pros Closet to get top dollar for their inventory but their inventory has grown as their clients are looking to free up capital by selling their old gear.
This success has not gone unnoticed. Spin off businesses like The Gear Movement and Boulder Sports Recycler have been popping up. With all these re-sellers in Boulder it makes me wonder why anyone like myself would sit on their old stuff and not try to sell it. You don’t have to lift a finger and they will put top dollar in your pocket.
This store is for me!
I gave craigslist a try once and found it to be time consuming and not worth my while. I have a family, a job, this news site and training so I don't have time for the hassle and detail that goes into selling online. I practically would give my stuff away to friends because I did not have the time or energy it takes to "deal with it". Follow my lead and fill up a couple boxes, swing by The Pros Closet’s warehouse and get a tour of what has become Boulder’s most unique bike shop.