Passes & Canyons Blog

After about 10 years, Rick Steele owned and was making a success of his business, Steele’s Cycle, but what he wanted most was to own the property, rather than continuing to pay rent. He started trying to buy the whole property, but his landlord, Fred Neuschwanger, would not sell, saying he didn’t want to pay the taxes he would incur from capital gains. Rick kept asking to buy and was told that if the time to sell ever came he would be given first shot at buying.

The thing about capital gains is that if you die holding an asset, and that asset goes to an heir, the heir’s cost basis is reset at the value at the time of death. So when Fred Neuschwanger died, and the heirs agreed they did not wish to continue dealing with the property, they could now sell without incurring a huge tax bill.

The property was finally offered to Rick.

The deal was pulled together in late 2007 and early 2008, and by that time Rick had a partner and the two of them were able to come up with the money. At the closing Fred Neuschwanger’s daughter showed up with a picture of her dad, saying she just wanted to bring her dad along because he had always promised to give Rick the chance to buy the property.

The deal was made and a new era began at Steele’s Cycle. Rick’s first partnership did not work out, and meanwhile, in 2011, Matthew Morrison had joined the crew and he and Rick worked well together. In 2014 the deal was finalized where Matthew bought out the old partner and Rick and Matthew were in business together.

Now the clean-up/fix-up of the property got into full swing. The main building got a new roof, walls were built inside and everything got a lot cleaner and more organized. Distinctive older bikes were mounted on the walls or from the ceiling and a proper showroom was set up for used bikes. Racks were put on the walls and a wide variety of motorcycle gear was put up for sale.

“In the early days, yeah, we sold tons of parts through here,” Rick explained. “But brick and mortar’s dying a slow death. You know, where we sell stuff is, ‘I need a set of brake shoes but I need it today.’ That’s the only brick and mortar advantage anymore. Before the internet, the yard was a good thing. The yard anymore is not what it used to be. The internet’s changed all that. But like Matthew says, there is a draw to it. We have people all the time, oh, can I walk in the yard? It’s just interesting.

“The salvage yard has always been what I describe as an attractor for people to come here. But we weren’t generating much money out of the salvage yard. It was all online. So we really focused on growing that side of the business. I mean, we went bananas. We grew it to 50,000 parts listed on eBay, but it became unmanageable and we ended up cutting back.”

eBay. That’s the key word. Right around the time Rick was able to buy the property, changes in the world around them altered the entire landscape. In July of 2006, this new marketing concept called eBay had emerged and Rick had immediately seen the possibilities it presented. They could list parts on eBay and suddenly the entire world became their market rather than just the Denver area.

Next: Motorcycle Salvage

Biker Quote for Today

Getting to be an old Geezer is not for the TIMID!! Also its not grey its CHROME!!

My one bike these days is my 2006 Suzuki V-Strom 650. With less than 51,000 miles on it currently it has a long life still ahead of it. Particularly considering that the engine is considered bulletproof, as in it will just keep on going and going and going.

But. And that’s a big “but.”

Just last week I ran across an item on Adventure Riders titled “Thinking Long Term,” about this “but” and something we seldom think about.

Zac, the writer, focuses not on the big parts, like the engine or frame, but on the little bits. Things like sensors. We all know how quickly electronic parts become outdated. What do you do if your bike depends on some bit of electronics and that unit dies, and then you can’t find a replacement?

This is not a theoretical exercise. When my 1980 Honda CB750 Custom got smashed I was faced with a decision. Do I bail it out of tow-yard jail and try to get it fixed, or do I just let it go? I chose to let it go because I had a pretty good idea that even if it was fixable–not at all a certainty–the repair would also add considerably to the overall expense and then, could I even get the parts?

Then it became even less theoretical recently when I was talking with Rick Steele over at Steele’s Cycles. We were talking about the factors that come into play when they are deciding what to do with a bike they have taken in. He used my 1999 Kawasaki Concours as an example.

As they do with all bikes they take in, they put it up on the lift and checked it out thoroughly. It ran–I knew that–but they discovered that the water pump was leaking. I did not know about that. And the thing was, Rick told me, you can’t get that water pump any more. They know a guy out east who repairs water pumps and they sent it to him but when they got it back it still leaked. So now, my old Connie is sitting in one of Steele’s storage areas with its fate unclear. The engine is as bulletproof as ever but not the water pump.

I guess this is an issue that aficionados of old bikes have lived with for a long time. Sometimes you can kludge in a different part and make it work. Sometimes you can fabricate a new part if you have the tools and the skill. Sometimes you can’t.

In my mind it makes the point in favor of newer bikes. I’ve lived for years with the reality that all my bikes were old enough that no dealer wanted to deal with them. Fortunately there are independent shops that pick up that trade. But at this point I’d just rather have the convenience of taking the bike to the dealer for service, knowing the parts are available. Plus, some of the new tech is nice. I’ve never had cruise control and that is something I’d like.

All of this is on my mind as I wonder about getting a new bike. And at this point that question is totally undecided.

Biker Quote for Today

Bikes may rust, but the memories they create never fade.

I recently got wind of a concerning situation. It seems the restaurant that houses the Rocky Mountain Motorcycle Museum, in Colorado Springs, has closed. Considering that the museum is in the building and you get to it by walking through the restaurant and then upstairs, you have to wonder what this portends for the museum.

Their website doesn’t say anything at all about it, but their Facebook page does say a little. And what they do say is this:

We are OPEN once again to the public!
Our hours are Thursday, Friday and Saturday 10am – 5pm
19 N. Tejon Street – 2nd floor – Downtown Colorado Springs
THANK YOU for your support and patience as we work thru the closure of the Tejon Eatery. As always, admission is FREE!

The restaurant in question is/was the Tejon Eatery and Bar. In the news article in the Colorado Springs Gazette it said that the restaurant owner said the museum will remain open for now but that doesn’t tell us anything about the future. The two owners, Sam and Kathy Guadagnoli, opened and ran the place but Sam, who was a big motorcycle buff, died in September. The restaurant is said to never have been profitable.

I emailed whoever runs their website asking for further information and I’ll update if I hear anything new.

Later–OK, I did hear back from Pam Wear, Secretary/Treasurer of the museum, and here is what she said:

Hello Ken,
The restaurant closed with no notice in October. Yes, it did affect our operation. We are now open Thursday through Saturday 10 am to 5 pm, and will be adding as the situation evolves.
The Museum has been open since 1992, we will continue. We are actually seeing quite a few visitors!
Thank you!

Biker Quote for Today

You’re the coolest old guy I know. You must pick up a TON of chicks at the nursing home with that bike.

I rode down to Colorado Springs the other day with members of the RMMRC to visit the Rocky Mountain Motorcycle Museum in its new location in downtown CS. Oddly enough, after we got to the Springs and had lunch the rest of the group decided to skip the museum and just head back to Denver. I was not party to that discussion so I’m unclear on the reason but there was no way I was not going to the museum. So I went alone.

The first trick in visiting the museum was finding it. It used to be in an outbuilding on the site of Pikes Peak Harley-Davidson, up at the north end of town. I’m not sure, but maybe then they moved inside the dealership, and then just recently into this new space at 19 N Tejon Street. Finding Pikes Peak H-D was easy; finding the new site a bit harder. The main thing is, it’s inside a restaurant, or group of restaurants. This is the Tejon Eatery, which appears to be maybe sort of a food court with a variety of restaurants–I’m just not clear on all this.

But the point is, while there are signs outside, they’re small and if I had not had the address I would probably not have spotted them. So, with uncertainty, I stepped inside and asked the hostess right inside about the motorcycle museum. She said yes, just go straight that way, make a right turn, and then go up the stairs. I got to the back portion of the building and there, among tables for diners, was a staircase heading up under a row of motorcycles to another dining area. Up on top I turned 180 degrees and there was the museum. This was the weirdest setting for a museum I’ve ever seen but hey, whatever works.

In the little building outside Pikes Peak H-D the museum had been insanely crowded. There was no question they needed more space. While there is more space in the new site, the bikes are still in most cases packed closely together. At least visitors have more room to move around.

And goodness, do they have motorcycles. Lots of vintage Harleys and Indians plus a whole bunch of really odd, seemingly one-off bikes. Plus, they have displays all over the walls of photos, old posters and advertisements, and all kinds of memorabilia. Also, to add to the retro feel of the place, they have an old-style soda fountain in the back of the museum area.

Thinking that it might make sense to plan another RMMRC trip down and then just come here to eat I asked the “soda jerk” and he explained that he just serves ice cream. OK, you could still have lunch somewhere else then come here and get ice cream and tour the museum.

“What are your hours?” I asked.

“We’re open right now,” he replied. OK.

“But on a normal day, when are you open?” I asked. He didn’t seem to understand my question and offered no answer. OK. Maybe that’s not such a good idea.

So I don’t know about the soda fountain, but the museum’s hours are Wednesday-Saturday, 11am to 8pm, and Sunday, 11am to 4pm. Admission is free.

Bottom line, if you’re into looking at a lot of antique and vintage motorcycles, as well as a lot of associated memorabilia, you won’t be disappointed. And frankly, it’s kind of small so you may not end up spending a whole lot of time there, so I’m not sure it’s worth a special trip to the Springs just for that purpose. Or, depending on your own interests, it might be. I just know I sure as heck had no intention of going all the way down there and not going to the museum.

Biker Quote for Today

A policeman pulled me over on his motorcycle. I don’t know why, I told him I was only borrowing it for 5 minutes.

Unless I’m confused, this is the event that used to be held each year at Heritage Square. It has moved around a bit since that place was torn down but now seems to have found a home at the Adams County Historical Society. Anyway, this year’s event was held on Saturday so I rode on up.

It’s not as big as it used to be, and it was blazing hot with no shade in the parking lot where the bikes were on display, so I only stayed long enough to get a few pictures. But there were some nice bikes on display. Here are a few photos.

Biker Quote for Today

When I die everyone at my funeral gets a stun gun. The last person standing gets my motorcycle.

I had never heard of this before but it recently came to my attention: the 18th Annual Morgan Adams Concours d’Elegance.

This is not strictly a motorcycle event but it does include motorcycles. Held each year at Centennial Airport, it features aircraft, cars, and motorcycles. This thing is a fundraiser and as such it is a posh event. A single ticket is $250, so the majority of us who are not independently wealthy will give it a pass. If $250 is no big deal you might want to check it out.

The list of bikes that will be on display is impressive:

1928 AJS AK12
1930 AJS R12 250cc
1966 BMW R60/2
1968 BMW R60/2
1970 Bridgestone TMX-100
1932 BSA Blue Star 500
1959 BSA Gold Star Clubman
1960 BSA Gold Star Scrambler
1963 Cushman Eagle
1964 Cushman Eagle
1973 Ducati Imola Factory Racer
1953 Focesi Glory 100
1967 Greeves MX5 Challenger
1950 Harley Davidson WL Flathead

1972 Honda 70 ST
1972 Honda CB750 K2
1972 Honda CL350 Flying Dragon
1970 Honda CL450 Scrambler
1989 Honda GB 500 TT Café Racer
1937 Indian Sport Scout
1937 Indian Sport Scout
1987 Matchless G80
1950 Matchless G9
2011 Moto Guzzi V7 Racer
1944 Nimbus Model C
1975 Norton 850 Commando Hi Rider
1975 Norton Commando 850

1973 Norton Commando Hi Rider
1973 Norton Commando Hi Rider
1950 Norton Manx
1944 Royal Enfield Bullet 350
1966 Triumph T120R Bonneville
1960 Triumph TR6 Custom
1969 Triumph TR6C Tiger
1970 Triumph TR6C Tiger Custom
2010 Triumph Truxton
1972 Triumph X-75 Hurricane
1938 Velocette KSS 350cc
1952 Vincent Black Lightning
1951 Vincent Rapide
1980 Yamaha XS650 Special

So hey, you won’t see me there but if you go send me a note telling me about it and I’ll pass that along.

Biker Quote for Today

You know you’re a biker if your dog and your wallet are both on chains.