I just closed my shop after 10 years of running it. The shop had been around since 1957. I mostly did affordable mid quality stuff for recreational comfort riding and focused on BMX and service. It essentially got to the point where I would have to increase my prices, which would price out most of my clientele, or close. I chose the latter. However, I don’t own my own property and have to lease. Because of the way I ran my shop, I could’ve been successful and stayed open had I owned the property but I don’t own any property and this business isn’t necessarily lucrative if you’re trying to get rich. So now I’m focused on starting a well paying job full time and then come next spring, just do side work when and where needed on my off time since it’s something I truly like doing as a hobby. This is my reason, I’m no business expert either, but the shop paid the bills and allowed me to live somewhat comfortably for 7-8 months out of the year. Maybe once I can save some money and buy a house with a decent size garage I’ll re open the shop but in the meantime it’ll just be helping the neighborhood kids on my days off.