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Bicycle Hire Business
Bicycle hire business refers to the “buy it, rent it” type of businesses. It entails creating and managing your own bicycle fleet.
This business serves everyone who needs a bike for a few hours or the whole day.
Business Model
● Bike rental shop business.
● Bike share program business;
● Bicycle hire business insurance services;
● Bicycle hire business franchise business;
Tools & Equipment
Even though you can start this business with one bicycle, it’s highly recommended to build a small bicycle fleet of at least several vehicles.
Nothing special is needed to rent a bike, but you will have to hire a well-trained mechanic and provide them with the necessary tools. Some of them are bicycle pump, Allen wrench set, needle-nose pliers, chain pin remover, etc.
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