MoneySmall business
Logan needs a full set of tools to reopen a bicycle repair shop
Logan has run a bicycle repair shop for twelve years; a storm that collapsed the roof destroyed the equipment, and $3,450 will put it back on its feet.
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For twelve years I have run a bicycle repair shop in Toronto. In February, a storm that collapsed the roof took a full set of tools. I have no insurance, and the bank won't lend to me.
Before that, my customers came every Sunday, and I employed 3 people from the neighborhood. I have been out of business for 10 weeks.
This business pays my children's school fees and rent. I have already started working from home in small ways, but I can't meet orders without proper equipment.
Every contribution brings me closer to reopening, and I promise to post photos as I buy each item.
I'll buy equipment from local suppliers and post photos and receipts as I go.
Where the $3,450 goes:
• Initial stock: spare parts: $850
• Replacing a full set of tools: $2,150
• Working capital for the first month: $450
Every share and every dollar helps.
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