Despite business boom in Deep Ellum, local bike shop hub is forced to close
It’s a sad month for Dallas cyclists as a favorite local bike shop prepares to close its doors. After four years of operation at Deep Ellum, Local Hub has announced that it will close on December 22.
Founded by Kristie Holt, Local Hub opened in December 2015. Since opening, Holt has helped thousands of customers safely navigate Deep Ellum and other Dallas neighborhoods. The store owner cites several factors that led to the closure of Local Hub.
“It hasn’t been good for a few years,” Holt says of the space. “The first two years were amazing. We were increasing our turnover every year. And then the bike share came along, then the construction happened and we never got the business back. The world is changing and everything is changing in it, and we just have to live with it. I fought very hard for this, and it was just time to stop fighting. I realized that I had to do something else. »
From now on, Holt is focused on selling the latest biker gear. She has a job planned for herself which will allow her to use her entrepreneurial skills, but she is also working to find a job for the bike mechanics at Local Hub. Part of the reason Holt decided to close Local Hub, she says, is due to a loss of revenue. She believes in good business ethics and paying each employee what they are worth.
“Ultimately, we just weren’t profitable enough to keep the doors open,” says Holt. “It’s not a non-profit organization, it’s a for-profit business. If the business isn’t making money, then we can’t pay the bills, then I can’t pay the employees, and then I can’t keep it open.
Although Holt is heartbroken about having to close up shop, she is at peace with her decision. In addition to her new job, Holt now plans to use her extra time to focus on herself, travel and relax.
“The world is changing and everything is changing in it, and we just have to deal with it. I fought really hard for it, and it was just time to stop fighting. I realized I had to do something else.” —Kristie Holt
“Once I made the decision, I felt really relieved that I made it, because it was such a struggle,” says Holt. “It took a lot of my mental health and my physical health to keep the business open and now it’s like, ‘OK, I can finally breathe now.'”
In addition to self-care, Holt also plans to ride his bike more often, as it’s his preferred mode of transportation.
“I’m going to have so much more time to ride my bike now,” says Holt. “I may not go to work, but I will cycle whenever I get the chance.”
Local Hub will host the last of its group gravel rides on Dec. 1 at 9 a.m. After December 2, Local Hub hours will change to Wednesday through Thursday, 10 a.m. to 7 p.m., and Sunday, noon to 6 p.m. will stop performing major tune-ups and repairs on December 15. The workshop will continue to make quick repairs until the last day of opening, as there are tools and parts in the store. Everything in the store will be on sale, with discounts to deepen as the final day approaches.
“I just want to thank everyone who has supported us over the past four years,” Holt said. “I mean, they made sure we could stay open and serve the community. We got people riding bikes in the city of Dallas and gave them something really special. I feel very lucky to have had a business open for four years in a city that is not known to be bike friendly and to bring permanent change to the city.