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Your Franchise Business with Immediate ROI

BikeBoom

By BikeBoom

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Group of friends with rental e-bikes and electric scooters

Franchise business: how to invest in electric mobility
If you are thinking of opening your own franchise business, you shouldn’t miss the opportunity to invest in the electric mobility sector.

In recent years, the market for e-bikes, e-kick scooters and electric mopeds has seen a real boom, transforming the way we get around our cities. According to the experts, the trend is not set to reverse.

After all, electric mobility is a win-win philosophy: entrepreneurs win, users win and the environment wins. By choosing to invest in this sector, you have opportunities to earn money, give people a nimbler, more fun way to get around town and do some good for the environment.

Sharing and rental: how much do you need to invest to open a franchise, and how much can you earn?

Sharing and rental of electric micromobility vehicles (e-bikes, e-mopeds, e-kick scooters and e-skateboards) has taken off in tourist cities and in medium and large cities. Although many locations are well served, investing in this sector is still profitable because demand keeps growing and the investment is still limited compared with other industries.

For example, unlike the electric car sector, where building a fleet is expensive, getting a fleet of electric micromobility vehicles and a turnkey shop requires a very manageable investment.

To give you an idea, an all-inclusive BikeBoom partnership package to open your BikeBoom Point starts from just €24,900, which we have now cut even further to just €19,999.

Here is an earnings projection

To be practical, we have drawn up a P&L projection for a BikeBoom sharing franchise with a fleet of 30 e-kick scooters.

After expenses (premises, utilities, 1 employee, etc.), we have calculated takings of about €4 per ride per vehicle, which in peak months such as August can mean taking more than €18,000 a month.

After 22% tax, our projection forecasts earnings of more than 37 thousand euros in a year: an immediate ROI and a really interesting growth outlook over the years.

Example 12-month profit and loss for a BikeBoom franchise
Contact us for a personalised projection.

How to open a franchise: the paperwork step by step

To open an electric vehicle sharing or rental franchise you need to follow some bureaucratic steps that are compulsory in Italy:

  1. Register for a VAT number;
  2. Register your business with the Chamber of Commerce, INPS and INAIL;
  3. Submit a notice of start of business to the Municipality where you plan to open your franchise shop;
  4. Take out insurance for the electric vehicles and make sure you comply with all tax and vehicle safety regulations, including servicing and inspections;
  5. Find compliant premises, approved by the local health authority (ASL);
  6. Train staff in health and safety, in line with the regulations and the features of the premises, etc.

These aspects can be daunting, but if you decide to open your franchise business with BikeBoom you get full administrative support, pre-opening advice, free training and an architect’s support for the premises that will house your BikeBoom Point franchise.

Contact us for more information on our dedicated franchisee support

Your franchise business could be a BikeBoom Point

BikeBoom Points are franchise shops where you manage various aspects of the electric mobility sector: sharing, rental, sales, repairs, merchandising, etc.

So the work will be varied and fun and, above all, for a sustainable investment (which, remember, now starts from €19,999) you get your own turnkey franchise shop, fully furnished and with all of BikeBoom’s support.

Your shop, your choices

It will be a business that feels truly yours, because you will choose the vehicles that make up your fleet. We will make sure they are compliant and fitted with GPS.

On the management side too, you will have a big advantage: free use of our sharing app with advanced features, to manage vehicles and maintenance, and also to engage users with dedicated, personalised marketing.

BikeBoom Point 24/7: an extra service for your customers

If you want to stand out even more from the competition, you can also choose to open a BikeBoom Point 24/7 franchise shop. These are technologically advanced shops with IoT devices, video surveillance and lockers for chargers and helmets. This technology lets you keep your store open 24 hours a day, to meet every user’s needs, in complete safety.

This type of shop is especially popular with users in big cities when public transport stops running in the evening, and in tourist destinations where traffic is congested even at night and getting around by car spoils the holiday.

The BikeBoom community

Opening your franchise business with BikeBoom also means joining a community of people who are passionate about electric micromobility and believe in a nimble, zero-emission way of getting around the city that saves time and is good for your health.

Your BikeBoom Point will be listed on the online booking portal, the first in Italy for finding businesses in the sector and renting e-bikes, e-kick scooters and mopeds, including long-term. One more way to be more visible and reachable for all users, seizing even more business opportunities.

Are you thinking of opening a BikeBoom Point franchise?

Ask us for more information, with no obligation. One of our consultants will give you all the guidance you need to decide whether electric mobility with BikeBoom is the right investment for your life as an entrepreneur.
Discover the details of the offer and contact us for information

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