Pedal Pub Franchise Analysis

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Pedal Pub is graded based on our most recent FDD research!

Franchise Opportunity Facts

Pedal Pub is a party bike business that operates in the mobile entertainment tour indust

How much does a Pedal Pub franchised business cost to open?

Pedal Pub has an initial franchise fee of up to $39,999, with a overall initial investment range of $88,599 to $267,657.

  • Initial Franchise Fee: $39,999
  • Total Investment: $88,599 to $267,657
  • Working Capital: $10,000 to $30,000
  • Royalty Fee: 7.0%

The initial cost of any franchised business includes multiple fees. Explore this franchise opportunity to better understand the initial costs required to own a Pedal Pub, such as territory fees, leasehold improvement costs, pre-opening marketing, and furniture and fixtures purchases. As a reminder, franchisors are required to provide you with details about all upfront fees. These fees include those that are actually paid when signing the franchise agreement and commitments to fees you are required to pay. Another important consideration to review is whether the initial fees are refundable to you or not. The franchise system must disclose what conditions any of the initial fees are refundable. A franchise must also provide details of a range of fees if its upfront fees are not uniform within the system. A careful review of the Item 5 upfront fees will give you the answers needed to make a buying decision a Pedal Pub.

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How much does a Pedal Pub franchise owner make?

As with any new business, there should be a strong ROI and profit potential. The specific franchisee's income and the profits from a Pedal Pub business will depend on many factors. One way to check on the potential revenues or profits earned from a Pedal Pub franchise investment is to analzye the franchisor's Item 19 within their Franchise Disclosure Document. This is called an earnings claim. This is not required within a franchisor's disclosure and approximately 68% of all franchisors that we research and study will disclose financial performance data within Item 19 of their FDD. Some franchisors may provide limited information such as overall systemwide sales. This type of financial disclosure is not always helpful to determine profits for you directly. So review systemwide sales data with caution. As a general rule, typically earnings and owner's salary are equitable to the overall size of the upfront investment. The larger the initial investment, the higher profits you should expect to see

For additional information and franchise specific on the profits of a Pedal Pub franchised business, unlock this franchise opportunity

How many franchise locations do they have?

As of the 2020 Franchise Disclosure Document, there are 11 franchised Pedal Pub locations throughout the USA.

Did you know there are over 3,000 franchise opportunities across the United States. More than 80% have less than 10 locations.

Are there any Pedal Pub franchises in my city?

Based on 2020 FDD information, Pedal Pub has franchised locations in 7 states.

FL
GA
IA
IN
MO
TN
TX

Based on our research this franchise is expanding into new regions and might be available near you. While planning your franchise purchase, you always need to be considering what is a good location for my business. Anlayze the potential customer base to confirm that your city has a need or want for this brand.

One of our franchise advisors will have detailed knowledge about this brand. Unlock to learn more and connect with our researchers.

Last Reviewed: 2020

Pedal Pub Franchise DATA

Total Investment
$88,599 - $267,657
Franchise Fee
$39,999
Franchise agreement
Initial Term
10 Years
Renewal Term
5 Years
Franchise outlet growth
2015
0
2019
11
Ongoing fees
Royalty
7.0%
ad fees
2.0%
# of franchised outlets
11

EXTRA INFORMATION

Does this franchise provide any initial training and opening assistance?

Yes, they have an initial training program of 55 hours. This includes 45 hours of classroom training, 10 hours of on-the-job training, and 0 hours of online training. In their FDD they outline who's in charge of the training. Unlock to find out more.


Online 0
On-the-Job 10
Classroom 45
Total 55

Does this franchise offer Territory Rights?

Pedal Pub offers territory protections. For an explanation of territorial rights, unlock this franchise opportunity for important details.

Do they have marketing and technology support in place?

No, Pedal Pub does NOT offer comprehensive support for franchisees.


When did they start franchising?

They began franchising in 2017. The average Education, Entertainment and Sports Training franchise began franchising in 2009.


Do they offer lending support?

Yes. They offer certain financing options within Item 10 of their FDD.

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  • How much do franchise owners historically earn?
  • Do they provide Veteran or First Responder discounts?
  • Do they use public figures to promote their franchise?
  • Do they disclose any bankruptcies?
  • Is this franchise affiliated with any other franchise companies or private equity investment groups?
  • How many new outlets have they sold within the last 5 years?
  • How many franchised outlets have closed within the last 5 years?
  • How many new outlets have they sold in the last 5 years?
  • How many franchised outlets have terminated within the last 5 years?
  • Do they operate any company or affiliate owned outlets?
  • How long is their initial and renewal term lengths?
  • How does the franchisor avoid litigation and lawsuits?
  • How long has the franchisor been in business?
  • Are they expanding internationally?
  • How often are royalties and advertising fees paid to the franchisor?
  • How are territories defined?
  • What is the role of technology in the operation of the franchise?
  • Why has new franchisee growth been so high?
  • What are the important requirements for managing a successful franchised location in this brand?
  • Are you required to work as an owner-operator or is this a passive investment opportunity?
  • Will the franchisor refund the franchise fee under certain circumstances?
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