SAN CARLOS, Calif. (BRAIN) — Beeline Bikes signed five new franchise agreements during the second quarter of the year to develop 25 new mobile shops across eight new territories — the brand's most successful quarter to date, Beeline stated.
The new trucks will be based in Colorado, Texas, California and, for the first time, Indiana. They will expand Beeline's U.S. fleet to more than 60 mobile shops.
"Beeline has grown rapidly, and the momentum continues to build as fulfillment of bikes purchased online becomes a significant additional mobile bike shop revenue stream," said Pete Buhl, Beeline Bikes' founder and CEO. "I've been pleased by the success and acceptance of our brand and innovative approach to the market, and I've been humbled by the caliber of discussions we are having with great prospective partners throughout the U.S."
The eight new territories are Austin, Texas; Fort Collins, Colorado; Indianapolis; Tucson, Arizona; and Los Angeles, Sacramento, San Diego and Berkeley/Oakland, California.
