Bicycle Store Industry in Færder: Current Status and Outlook

The bicycle store industry in Færder is a niche industry with limited activity. Although the municipality belongs to the broader business services sector, there are no registered bicycle stores in Færder according to public data. This means the industry does not have a standalone economic profile but must be analyzed in conjunction with adjacent sectors such as boat equipment and sports equipment. Prospects for new players depend on both local needs and strategic positioning relative to nearby cities.

There are no official figures for the bicycle store industry in Færder due to the absence of registered companies. However, the broader business services sector shows interesting trends:

Sales in the business services sector rose sharply from 2018 to 2022 (+130%), but have since collapsed by -77.6% from 2022 to 2023. Employees have also shown instability, with a decline of 36.4% from 2023 to 2024.

There are no registered bicycle stores in Færder according to public registers. However, the broader business services sector includes the following companies:

• Boatia As (Tjøme): Sales NOK 5.5M, EBITDA NOK 1.1M
• Tjøme Bil & Motor As (Tjøme): Sales NOK 7.5M, EBITDA NOK 571K
• Flytsti As (Nøtterøy): Sales NOK 2.6M, EBITDA NOK 183K

These companies primarily operate in boat equipment and sports equipment, not bicycles.

There is no data on the geographic distribution of bicycle stores in Færder. However, the business services sector has operations in several parts of the municipality:

• Tjøme: Boatia As, Tjøme Bil & Motor As
• Nøtterøy: Flytsti As, Marengo As
• Vestskogen: Canvasdesign Hans Petter Lundgaard

This shows that the business services sector has a broad presence, even though bicycle stores are absent.

There are no registered bankruptcies in the bicycle store industry in Færder. However, the business services sector shows that 10 of 22 companies had negative EBITDA in 2024, including:

• Sundal Yacht Import As (Nøtterøy): EBITDA -NOK 2.7M
• Optima Design As (Nøtterøy): EBITDA -NOK 51K
• Svartskuren Investment Group As (Nøtterøy): EBITDA -NOK 219K

This indicates that although the sector has grown, economic stability has decreased.

For a new player in the bicycle store industry in Færder, the challenges are clear. With no existing companies in the industry, one must start from scratch. However, the outlook is not without hope: the broader business services sector has shown that it is possible to achieve high sales (e.g., NOK 71.6M in 2022). A strategic location near Tjøme or Nøtterøy, where existing business services companies are located, could provide an advantage. SmartGrunder can help identify optimal locations in Færder for this type of business.

The broader business services sector in Færder has 22 companies, while the bicycle store industry has 0. Economic trends show that the business services sector experienced a significant sales increase from 2018 to 2022 (+309.4%), but has since collapsed by -77.6% from 2022 to 2023. Compared to the non-existent bicycle store industry, this shows that the business services sector has a much more dynamic profile. The most profitable companies in the business services sector include:

The bicycle store industry in Færder is a niche industry without registered companies, but the municipality has an active business services area with both opportunities and challenges. With a growing population and increasing focus on sustainable transportation solutions, it may be possible to establish a bicycle store in Færder. However, it is important to analyze local needs and competing businesses in nearby cities. SmartGrunder can help identify optimal locations and strategies for a new bicycle store in Færder.