Bossier bike shop sees business increase despite skyrocketing gas prices

BOSSIER CITY, La. (KTAL/KMSS) – A Bossier City bike shop is seeing more business as gas prices climb and drivers switch to pedal for a cheaper way to get around.

According to AAA, gas averages just over about $4.08 a gallon in the Shreveport-Bossier area. That’s $1.41 more than the average price of $2.67 per gallon a year ago.

Bikes Etc. owner Crayton Cochran says it’s bringing more people to his store on East Texas Street. Cochran says he’s seen about 25% more business over the past month as gasoline prices continue to rise. And this is on top of the fairly strong business growth already over the past two years.

“Bike sales broke records in 2020. I’m not going to lie, we sold more bikes in 2020 than we’ve ever sold in a year,” Cochran said. “So in any given year, a good year for us, we sell around 250, maybe 300 bikes, but now we’re down to 500.”

Cochran says rising gas prices following the pandemic shutdown have given people even more reason to leave car keys and reach for bike pedals.

The bikes in Cochran’s store can cost anywhere from $50 to around $10,000, but he says they’re still cheaper than maintaining a vehicle.

“You don’t pay insurance costs on that. All other interviews come with a car. Yes, you have to maintain your bike, but it doesn’t cost as much.

Cochran added that warmer temperatures have also brought cyclists out, which in turn is generating more service and repair activity.