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Continue reading →

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

Let’s face it honestly, everyone loves to drive fast, and also knows 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 whistle in your ears if you don’t have money to buy your own “iron horse”?

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

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

How to organize a rental point for small vehicles? How much money is needed 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. Lightweight, small, maneuverable, and yet, until recently, did not require documents for driving. However, this item can be safely deleted, since only persons with the category “M” or “A” are allowed to sit on the scooter.

But do not be upset because of the restrictions introduced – this narrows the range of consumers a little, but surely trusts the equipment in the hands of a person who knows the rules of the road for sure and does not fall into an accident or morgue due to ignorance of the rules.
For those who do not have a driver’s license, it’s safe to offer bicycles – it’s also healthier and more places to go with a bike.

Financial aspect

How much money will be needed to implement this project? The minimum cost of one scooter is about 500 dollars. 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 a business), in one day with good weather, the scooter can be rented from 5 to 8 hours, which means that the “iron horse” will pay off for just two leisurely rental days (!)

The daily income from one scooter can be approximately 4000-5000 dollars (this is taking into account rainy days and the duration of the rental season 5-6 months). Naturally, the more scooters you have, the more money you can earn – so with five cars the income for the season will be 20,000-25,000 dollars.

Where to get money to start your own business? It is this problem that 95% of beginning entrepreneurs face! In the article “Where to get money for a business” we revealed the most relevant ways to get start-up capital for an entrepreneur. We also recommend that you carefully study the results of our experiment in exchange earnings: “see the results of the experiment”
We rent scooters and bicycles – 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 often be taken not only on an hourly basis, but also after paying the rent day. A system of payment and tariffs should be developed that allows each client to easily calculate which tariff he likes best and how long he can rent a bike.

Own safety

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

Do not be too lazy to study the legislation of the Russian Federation, since the issue of taking a passport as a pledge is a violation of 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 articles can vary greatly by region. On average, the salary of employees (one technician and two replacement administrators) will drag out $ 6,000, renting a platform for transport – $ 3,000, up to $ 700 for gasoline, and you can spend on advertising as much as you see fit.

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

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

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

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