Barmer Enterprises has acquired Bike America, which owns seven bike stores in Palm Beach and Broward counties in South Florida, according to Randy Bring of Transworld Business Advisors, which brokered the sale.
Established in 1970 in Boca Raton, Bike America is one of Florida's largest and most successful retailers of bicycles, parts and accessories. In addition to its stores, the company operates bicycle rental concessions at several Broward County parks.
"We have acquired the leading Bike Retailer in South Florida from Tod and Lee Fox, and we look forward to its continued growth under the great brand of 'Bike America!,'" said Gary Mercado, president of Barmer Enterprises.:
Source:
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