How To Open A Bike Rental

Table of contents:

How To Open A Bike Rental
How To Open A Bike Rental

Video: How To Open A Bike Rental

Video: How To Open A Bike Rental
Video: How to Start a Bike Rental Business | Including Free Bike Rental Business Plan Template 2024, December
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Bicycle rental is quite a lucrative business, especially in the summer. At the same time, few funds will be required to open your own business. And a large number of maintenance personnel will not be required.

How to open a bike rental
How to open a bike rental

Instructions

Step 1

Currently, there are not so many bike rental shops. But, nevertheless, this service is in demand, especially in places of recreation. Opening a bike rental is not difficult at all. The initial investment pays off pretty quickly. In order for a start-up business to immediately generate income, you will have to spend a little. Buy 10-15 bicycles in bulk for a start, it will turn out much cheaper. If this number of vehicles is not enough, then buy in addition.

Step 2

For reasons of economy, it is better to purchase inexpensive but high quality bicycles. Please note that two-wheeled vehicles quickly deteriorate, since they are constantly in operation. Usually bicycles at rental points are partially or completely replaced after 1-2 seasons.

Step 3

Please note that bike rental assumes that one of your customers will return the broken vehicle to you. In this case, you will have to withhold from the security deposit some part necessary for the repair. It is better to negotiate it in advance to avoid further disputes.

Step 4

Calculating the income from a bike rental shop is quite simple. Let's say an hour of rental will cost 150 rubles. If each bike runs for about 6 hours, it turns out that it will bring 900 rubles a day. If you have 10-15 of them, then you can have 9,000 - 13,500 rubles per day. One employee is enough to service the rental point.

Step 5

You can start a bike rental business without any initial investment. You can earn money for your own bikes if you rent them yourself for the first time. To do this, you will need to negotiate with several teenagers who have their own transport and want to earn some money.

Step 6

By placing an advertisement for a rental, you are offering the owners half of the cost of using the bike. Let's say an hour of rental will cost 160 rubles, 80 of which you will give to the owner. If there are even 5 people in your team, then 6 hours of bicycle work will personally bring you 2,400 rubles. in a day. In a month, you can raise a decent amount, enough to buy your own bikes and expand your starting business.

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