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Pedal Pub

Pedal Pub, the original U.S. party bike franchise, dominates the market with over 50% share, offering high-quality, long-lasting bikes and comprehensive support to franchisees across 60 cities, delivering a low-overhead, community-focused business with strong returns.

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Pedal Pub

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Videos

Pedal Pub Franchise Cost and Requirements for 2024

Background

WHY Pedal Pub?

Fun, Lifestyle Business
Market Leader in Hot Industry
Simple Business Model

BUSINESS FEATURES:

  1. Simple Business Model
  2. Low Overhead
  3. No Inventory
  4. Fun, Community Based Business
  5. Lifestyle Business
  6. No expensive, long leases
  7. Minimal Staffing - most PT
  8. No Experience Required
  9. Exclusive Equipment
  10. Community Involvement
  11. Experiential
  12. Tourism orientated.

Brand Differentiators and Competitive Advantages for our Customers:

  1. #1 Brand in the Industry
  2. Most locations of any party bike business in US
  3. Most experienced manufacturer in the industry
  4. Certified Pilots
  5. Largest franchise support system

Current Industry Conditions, Advantages, and Projections:
Experiential tourism is booming, set to reach $1.6 billion by 2026. The category, driven by millennials, is growing rapidly. 78% of millennials prefer experiences over goods and 60% of global travelers value experiences more highly than material possessions. The party bike industry, which Pedal Pub is the dominant player, fits perfectly with this generation of customers.

Company Details

Established: 2007
First Unit Franchised: 2018
Franchised Units: 30 franchises, 30 licensees
Company Owned Units: 1
States Registered In: Alabama - AL, Alaska - AK, Arizona - AZ, Arkansas - AR, California - CA, Colorado - CO, Connecticut - CT, Delaware - DE, Florida - FL, Georgia - GA, Idaho - ID, Illinois - IL, Indiana - IN, Iowa - IA, Kansas - KS, Kentucky - KY, Louisiana - LA, Maine - ME, Maryland - MD, Massachusetts - MA, Michigan - MI, Minnesota - MN, Mississippi - MS, Missouri - MO, Montana - MT, Nebraska - NE, Nevada - NV, New Hampshire - NH, New Jersey - NJ, New Mexico - NM, New York - NY, North Carolina - NC, North Dakota - ND, Ohio - OH, Oklahoma - OK, Oregon - OR, Pennsylvania - PA, Rhode Island - RI, South Carolina - SC, South Dakota - SD, Tennessee - TN, Texas - TX, Utah - UT, Vermont - VT, Virginia - VA, Washington - WA, West Virginia - WV, Wisconsin - WI, Wyoming - WY
Canada Franchises: Yes
International Franchises: No

Support and Training Offered By Pedal Pub

Financial Assistance Provided: Yes
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Recruiting Assistance: Yes
Cooperative Advertising: No
Training:
Virtual Training

Prior to opening, franchisees will attend a two day virtual training. This training will cover brand standards, vendor introductions, software, marketing, launch checklists, routes, recruitment, and storage.

On-Site Training

The week of opening the business to the public, our team will be on-site at franchise location training hands-on bike piloting and maintenance. We will audit routes, engage community partners, and walk through every aspect of running the day to day business. We will be on-site the first day of opening to the public for tours.

2024 Franchise Requirements Needed to Own a Pedal Pub Franchise.

What does a Pedal Pub Franchise Cost?

Pedal Pub franchise fees for 2024:

Cash Investment: $117,450 - $270,400
Total Investment: $117,450 - $270,400
Minimum Net Worth: $300,000
Franchise Fee: $39,900
Royalty: 8-10%
Ad: 2%
Item 19: Yes
Average Number of Employees: 8
Visa Candidates: No
Passive Ownership: No
Home-Based: No
B2B: Yes
Master Franchise Opportunities: No
Veteran Discount: Yes

Is Pedal Pub a Semi Absentee Franchise with a Passive Ownership Opportunity?

No. Pedal Pub is not a semi absentee franchise. The owner of the franchise (the franchisee) is expected to be involved in all aspects of day-to-day operations.

Is Pedal Pub a Home Based franchise?

No. Pedal Pub is not a home based franchise opportunity.

What Do Pedal Pub Franchise Owners Make?

Click here to find out how much Pedal Pub franchisees make. Pedal Pub offers an Item 19 in their Franchise Disclosure Document which provides financial information about select franchisees in their franchise system.

Is Pedal Pub a Master Franchise Opportunity?

No. Pedal Pub is not a master franchise opportunity.

Does Pedal Pub Offer a Veteran Discount?

Yes. Pedal Pub franchise does offer a veteran discount.

Does Pedal Pub Work with E2 Visa and EB-5 Visa Candidates?

No. Pedal Pub franchise does not work with E2 Visa and EB-5 Visa candidates.

Is Pedal Pub Looking for Franchisees in Canada?

Yes. Pedal Pub franchise is looking for Canada franchisees.

Is Pedal Pub Looking for International franchisees?

No. Pedal Pub franchise is not looking for International franchisees.

Where can I see Pedal Pub's FDD (Franchise Disclosure Document)?

Buying a Franchise Guide: What is a Franchise Disclosure Document?

When evaluating a franchise opportunity, reading and understanding the current version of their FDD is a necessity. Considering the benefits of franchising, such as established brand recognition and support from the franchisor, it's important to also take into account franchise fees and franchising royalty fees. Since most franchisors are privately owned companies, the current versions of their FDDs are typically not available unless requested directly from them.

Click here to connect with a Franchise Consultant who can help you obtain a copy quickly and for free. They can also guide you through the essential franchise questions to ask, ensuring you make a well-informed decision about your investment.

Additional Information

Additional Categories

Green & Eco Friendly, Miscellaneous & Unique, Travel, Food & Restaurants, Non Food Franchises

Number of Units Open

20-50 UNITS

Cash Required

$100,000 - $250,000

Master Franchise

No

Passive Franchise

No

Home Based Franchise

No

Item 19 Franchise

Yes

Veteran Discount

No

B2B

Yes

Franchise Opportunities in Canada

Yes

International Franchise Opportunities

No

E2 Visa Franchise

No

Pedal Pub Franchises for Sale

Click Here to inquire about existing Pedal Pub franchises for sale. We may have Pedal Pub franchise resales. A franchise resale is an already established franchise owned by a franchisee and the franchisee is looking to sell their franchise.

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The International Franchise Professionals Group (IFPG) is an internationally recognized membership-based franchise organization. IFPG Franchise Consultants guide aspiring business owners through the process of identifying and investing in franchise businesses. The IFPG represents more than 550 franchises. We do not represent all franchises listed here. By clicking on "Request a Consultation," you are agreeing to be contacted by one of our Certified Franchise Consultants to discuss franchise ownership.

About our rankings: The IFPG uses its internal data collected from our membership portal to identify which franchises had the most activity in the past week. This ranking system is not based on franchise sales, franchisee success rates or number of units open. Our ranking system should not be used to make a decision on which franchise to buy it was solely created for internal purposes and for our IFPG Members.

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