We rent scooters and bicycles for hire – an idea for a seasonal business

Let’s face it honestly, everyone loves a fast ride, and also knows for sure that a car is not a luxury, but a means of transportation. But what to do for those for whom the car remains a luxury? How to make the earth run away from under your feet, and the wind to whistle in your ears if there is no money to purchase your own “iron horse”?

The easiest and most affordable way is to hire a vehicle. It is worth noting that there are not so many companies involved in renting a car, but they also have to look for customers, since the cost of renting one day is quite considerable and the cost of gasoline does not please. But with scooters and bikes, the situation is simpler. The main thing is to find a place in which there will be a large number of people willing to spend money on fast driving and good mood.

We rent scooters and bicycles for hire – an idea for a seasonal business

How to organize the rental of small vehicles? How much money is needed for this and what income can be expected in the end?

Supply and demand

Scooters and mopeds are the main means of transportation for young people aged 16-20 years. Easy, small, maneuverable, and also, until recently, not requiring documents for driving. However, this paragraph can be safely deleted, since only persons with the category “M” or “A” have the right to sit on the scooter.

But you should not be upset because of the restrictions imposed – it narrows the circle of consumers a little, but surely trusts the technician into the hands of a person who knows the rules of the road and does not fall into the morgue due to ignorance of the rules.
For those who do not have a driver’s license, it is safe to offer bicycles – it is healthier for health, and you can drive more places with a bicycle.

Financial aspect

How much money will be needed for the implementation of this project? The minimum cost of one scooter is about $ 500. The cost of an hour of rent can be from 5 to 10 dollars (it all depends on the region in which you decide to develop the business), in one day with good weather a scooter can stay in the rental from 5 to 8 hours, which means that the “iron horse” will pay for two leisurely days rolled (!)

Seasonal income from one scooter can be approximately $ 4,000– $ 5,000 (this is based on rainy days and the rental season lasts 5–6 months). Naturally, the more scooters you have, the more money you can make – so from five cars the income per season will be $ 20,000-25,000.

Where to get money to start your own business? This problem is faced by 95% of start-up entrepreneurs! In the article “Where to get money for a business” we have revealed the most current ways to get start-up capital for an entrepreneur. We also recommend carefully studying the results of our experiment in stock exchange earnings: “see the results of the experiment”
We rent scooters and bicycles for hire – an idea for a seasonal business

The bicycle business looks approximately the same: the cost of one “car” is 300-400 dollars, the cost of renting a bicycle is about 3 dollars per hour.

Only bicycles will more often be taken not only for hourly rates, but also by paying a rental day immediately. It is necessary to develop a system of payment and tariffs that will allow each client to easily calculate which tariff he likes the most and how long he can rent a bicycle.

Own security

How can a businessman protect himself from equipment theft? Of course, this is a pledge system. You can take money as collateral (but this option is the most difficult to implement, since people often do not have such large amounts of money and don’t want to give it to a stranger), you can take it for safekeeping (yes, do not be surprised by the wording) such documents like a passport, driver’s license or international passport.

Do not be lazy to study the legislation of the Russian Federation, as the issue of taking a passport as a pledge is against the law and can lead to criminal liability.

You should also think about placing your fleet, think about the maintenance staff, buying gasoline and advertising the project.

The costs of these items can vary greatly by region. On average, the salary of employees (one technician and two shift managers) will drag out $ 6,000, renting a site for transport – $ 3,000, gasoline will take up to $ 700, and you can spend on advertising as much as you think necessary.

We rent scooters and bicycles for hire – an idea for a seasonal business

But remember that the louder and more aggressive the advertisement, the faster the whole horde of inspection bodies will be interested in the company – the documents must be made perfect!

So with a fleet of five scooters and five bicycles, seasonal income will be $ 20,000 25,000.