Performance Bicycle on FM 1960 set to close; company files for bankruptcy

The Performance Bicycle location at 4750 FM 1960 W., Houston is scheduled to close on or near Jan. 27. The company that owns Performance Bicycle, Advanced Sports Enterprises, filed for a Chapter 11 bankruptcy in mid-November. ASE owns 102 Performance Bicycle store locations, and all stores are holding closing sales. The bankruptcy court decision is scheduled for Jan. 22 in North Carolina, where ASE is incorporated. 215-824-3854.

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