Two Wheel Tango bike shop to open Canton store, sell east Ann Arbor building
Laura Blodgett | For AnnArbor.com
The store is launching a third location in Canton at 6111 Canton Center Road that's scheduled to open Jan. 3, causing Pontius to rethink its distribution model, which also includes a second location at 4765 Jackson Road in Ann Arbor.
“The new Canton location will be quite large -- 10,000 square feet --- and we will be storing our inventory and handling receiving from there for all three stores,” said Pontius.
“We very much plan to stay on this side of town to serve our customers in Ypsilanti and Pittsfield, but no longer need a 6,000-square-foot building,” he said.
Pontius says he would like to trade down to a 4,000-square-foot location in a space with higher visibility, while still doing the same amount of business - if not more.
“Ideally it would be nice to have a more modern retail space, and moving to Washtenaw Avenue makes sense to us for more visibility and traffic.”
Located at 3162 Packard, the store contains 4,000 square feet on the main floor as well as an additional 2,000 square feet on the second floor that's used as office and storage space.
“The building has a two story glass front that’s a great spot to display product,” says Bela Sipos of Reinhart Realtors, who is representing the commercial property. The property is listed for $550,000.
“If someone comes along and is interested in buying it, they will go ahead and sell. Otherwise, they are in no imminent hurry to move,” said Sipos.
“We have recovered completely from the economic downturn and returned to 2008 numbers.” He adds that Ann Arbor is a great town for the bike business as the second largest bike consuming community in the Midwest behind Madison, Wis.
In fact, Pontius has succeeded in meeting all of his business goals in the last five years.
“We have attained the sales at the Jackson Road store that we were looking for when we opened there," he said. "Everything has really worked out to how I envisioned it and we just keep wanting to do more.”