Meet the Alumni

Meet Johnny [2:28]

Johnny Scheff

Chicago, IL

Industry
Motorcycling
Year founded
2004
Business
Motoworks Chicago
Partner College
City Colleges of Chicago
" The market, the opportunity, was all there. I just needed to access the capital to get after it, and the Goldman Sachs 10,000 Small Businesses program gave me the tools and the knowledge to access that capital. "

Business Overview

Motoworks Chicago is a franchise motorcycle dealer and repair shop dedicated to a culture of service and to spreading the joy of the motorcycling lifestyle.

Challenges

Motorcycle repair is a capital-intensive business, and Johnny needed financing to expand his operations to service more customers. The company’s financials needed to be restructured and its plans for growth made more transparent in order to obtain much-needed capital. 

Results

In the three years since Johnny’s graduation from the 10,000 Small Businesses program, Motoworks Chicago has tripled in size from a dollar volume standpoint, doubled in size from a headcount standpoint, and become more sustainable, with a more clearly defined mission statement and company culture. Johnny has ambitions for more expansion in the future, and has partnered with fellow 10,000 Small Businesses graduates to reach new markets.
 

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