Shon’s Bike & Ski

30% annual sales growth for 5 years
Janis Neufeld - Co-owner of Shon's Bike & Ski

Year-round haven for bicyclists and skiers in the beautiful Kootenays of B.C.

About the company

A quickly growing bicycle and ski shop that also offers boutique lodgings and serves as a hub for outdoor enthusiasts.

Location: Nakusp, British Columbia

Industry: Sporting Goods Retailing and Accommodations

Entrepreneur challenge

Owners Janis and Shonovan Neufeld had ambitious growth plans for their business. But they needed financing for the investments and couldn’t get it from traditional lenders.

BDC expertise

The Neufelds obtained financing from BDC to move to a prime downtown location in a heritage building, make leasehold improvements and create tourist accommodations above their shop. Additional BDC financing is allowing them to convert hostel-style lodgings to suites.

Results

  • Sales up 30% annually since the company got its first BDC loan in 2016.
  • Workforce more than doubled.
  • Won regional Award of Excellence in Retail Renovation for restoring the 111-year-old Old Opera House to house the shop and lodgings.

Tell us about your project

Get financing to sustain your business’ growth.

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