Have you ever thought how fun – and profitable – it might be undertaking a bicycle shop?
And it is that if we think about the potential of the business, just bicycles are the transport of the future.
Amid pollution, fuel costs, traffic and other complications related to public transport, bicycles are presented as the favorite green solution driven by many local governments especially in large cities of the planet.
In many parts of bike paths that allow cyclists to cross entire cities or large sections of them safely and conveniently constructed. And if that were not enough, a venture with bikes also allow you to meet many nice people, whether for business or pleasure.
ventures with bicycles
1. Bicycle Shop
The first bicycle business that comes to mind is probably set up your own shop which of course is not limited to the sale of two-wheel drives an even more interesting because business is usually the sale of spare parts and accessories often they have a much higher margin than the bike itself useful.
Additionally it must integrate another interesting accessories wide appeal as helmets, baskets, security locks, lights and others that will add value to your online store.
The investment for your bike shop inventory will depend of course you want to have as this directly affects the size you need to rent local and condition even when these stores usually do not require lots of furniture rather than the space itself to show the different models that are selling.
An estimated mounting, packaging and inventory local store for a medium would be about $ 15,000 to $ 20,000.
The success of this bicycle shop business is to select a shop with good places near high traffic of people where your product can be easily viewed from the exterior location.
2. Bike Rentals
In its simplest form, a bicycle rental business can be a handful parked under a sign that says “Bicycle Rental”. Which it works very well in a tourist place, but increasingly is more likely anywhere.
If you have little capital and want to start a business of this kind, you should start by visiting thrift stores or garage sales to begin gathering your fleet. Four to six bikes would be enough to start your business.
The second thing you need is a place to settle. If you live outside the city or near a tourist area or busy highway, then you’re very lucky. However, even in the busiest cities it is also possible to exploit this http://www.sentuhanbisnis.com/category/peluang-bisnis/.
In some cases there are those willing to invest in the bikes in exchange for someone in charge of operating the business and get a share of the profits, which is another not insignificant choice.
As for prices, regularly we can estimate your customers a fee of about $ 2 per hour or about $ 15 per day.
You can increase revenue by charging a small difference by renting helmets, locks or even accessories like backpacks. Although these may actually be free as an added value.
Still you could expand your services renting cameras, offering organic foods or drinks, and other ideas that arise which are of interest to your customers. Nothing prevents even occasional bands some bicycles, obtaining higher profits.
A variant of this venture is to rent bicycles mountain bikes. Since these are very popular, and many people prefer them over regular bicycles and charge better.
Some safety tips related to bike rental:
Be sure to ask your client personal information, such as identification, driver’s license and / or credit card number.
Make sure your clients understand very well the cost, schedules and limitations of your service.
Mark your bike and its main parts with strikingly colored spray paint to reduce the chance that they can steal parts of your bike.
Ensure that clients have your address and telephone number at all times.
Keep your fleet of bicycles in good working order. Nobody will like to experience mechanical problems during the trip, with the consequent bad reputation of your business.
Evaluate your customer, you have every right not to rent a bicycle for children unsupervised, drunk, suspicious or awaken customers doubt their behavior.
3. Construction of Special Bikes
There are many aspiring cyclists who for various circumstances of life need bikes with special features or custom-built people. Regularly are people who for some disabilities can not use conventional bicycles because they can only operate with one hand or one foot pedal, for example.
Some others might need bicilcetas variants tandem because they can not see but require as much freedom as possible. It’s certainly not an easy task but if a business with great potential that can start developing some prototypes to meet these particular customers.
4. Bicycle Repair Shop
With pace with a growing number of amateur cycling, also it made indispensable technical services for the repair and refurbishment of bicycles.
Hence alternative business is assembling a bicycle shop on his own or itinerant services that can provide technical assistance service during special events cycling, sports evenings or preeminently Local ecological areas.
It is fully recommended to condition your local striking and fun way to invite people to come and ask for any support. Exposing some bikes on the outside is always the best strategy.
The main investment in infrastructure for this business is the place that should not be less than 50m2, a small parts warehouse, cabinets and certainly the elementary and necessary to provide the service tool.
Related: Bicycles Business Flyer
5. Organizing events for groups of cyclists
Amateur cyclists like to participate in group events where they can travel different routes of the city accompanied by other people with the same taste for cycling but in a guided environment, controlled, safe and with technical assistance.
This not only gives them peace of mind in the path but allows them maximum enjoyment, meet other people and live a very pleasant experience. Hence another beautiful venture with bicycles then to organize tours for people of a certain area gladly paid for participating in the tour.
Of course there are different kinds of tours that can be organized and that have to do with distance, difficulty and type of activity in itself as there are more demanding and more relaxed tours, aiming to please every taste and demand.
As in any business, do not forget to do a market study and one of your competitors to determine what your customers prefer to design the best options that will also ensure greater profitability.