Freewheeling Bicycles, a neighborhood bike shop that opened in a West Campus garage apartment in 1971, will close at the end of May, the store’s owner said Tuesday
The business was still profitable but its location, at 2401 San Gabriel Street, “ended up being too expensive for a bike shop,” said owner Angela Prescott, 62. “Once the overlay plan went in, property taxes doubled, and that’s a huge thing to try to absorb. The percentage you pay out in rent is too high.”
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