I suspect that my local Performance Bike shop may be controlled by out-of-state interests. Same with REI except that it's on the North side of Indy which is no way local to me.
Bicycle Garage Indy is a chain but local to Central Indiana.
Circle City Bicycles puts the L in LBS.
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Bacchetta Giro A20, RANS V-Rex, RANS Screamer