This Toronto Island Bike Rental Company is Closing and Selling Everything

If you’re among the many who are tired of TTC or spend too much money on Uber, it might be time to switch up your mode of transportation and get a bike.

If you’re among the many who are tired of the TTC or spend too much money on Uber, it might be time to switch up your mode of transportation and get a bike. And it just so happens that now is a better time than any. Vimla and Hari Rao, the owners of a bike rental company on Toronto Island, are closing after 30 years of business and are selling off their ENTIRE stock.

In a CBC News report, the Rao family commented that after requesting for a proposal process this February, the city awarded the bike rental contact to another undisclosed business. The Rao family isn’t quite sure why they weren’t awarded the contract this year and while it’s unfortunate, they’ll be moving forward by selling everything.

See the details in their Facebook event message below:

Not too shabby!

So if you’re in the market for a new bike or really just want a Flintstones-style 4-seater, why not reduce, reuse and recycle (it is Earth Month after all,) and pick up a used bike from the Rao family’s inventory sale.

The sale will be taking place on Toronto Island from April 14th to 16th. The new bike company will not start renting out bikes until May 1st.

Update:

In a recent turn of events, it seems that the Toronto Island Bike Rental Company is cancelling their inventory sale. The Toronto Star reports that the winning bidder has withdrawn their contract so the city will now be issuing the contract to their second choice rental company, the Toronto Island Bike Rental Company. While it sucks if you were planning on purchasing a bike, this is definitely good news for the Rao family. Business is set to return to usual on May 1st, the date bike rentals begin.

Who’s planning on biking the Island this summer?

Feature Image: Flickr/The City of Toronto

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