Start An Ebike Business (2020 Updated Guide)

THE OPPORTUNITY

Starting an eBike rental business can be a great entrepreneurial endeavor, as either a

part-time side business or a full-time venture. Electric bike rentals have soared in

popularity in recent years and are almost everywhere you look - at crowded beach

towns, in mountain resort communities, and in many other locations where local

attraction and tour operators are present.

But that's not to say it is going to be easy! There are a number of things to consider

before starting your business, mainly the prot potential. It is important to understand

what your upfront costs will be, and have an idea of how long it may take to turn a prot

based on a number of bookings your business can handle.

But if you wait until the end of this Guide, we will reveal the hidden money-making

secret that many eBike rental companies completely fail to tap into.

E-commerce

If you have a passion for the electric bike industry or any passion for that matter, VMAXO.COM is a great way to share that passion with the world.

If you already run a shop that sells electric bikes, blogging is a great way to create brand awareness and generate business.

E-bike repair business

Over the next few years as e-bikes become more popular, there will be a greater demand for parts and repairs. Learn all about E-bike from AEVT.ORG 

 

Lithium battery reconditioning

The average Lithium battery pack should theoretically last 20-30k miles, but they can be costly to replace if premature failure occurs.  Learning how to build and recondition Lithium battery packs is a rare and specialised skill that could prove to be very useful in the future.

Electric bike conversion service

Offering electric bike conversions is something that you can do as a stand alone business, or better still, if you already own a bicycle shop it is a valuable service you can offer customers. I have made a decent living from converting bikes for over three years.

Open an e-bike shop

Having a physical store, where you can showcase and demonstrate e-bikes to potential customers is a great idea.

Purchasing a new e-bike can be expensive, and people aren’t always willing to buy from an online retailer, because they often want to see the bike in the flesh before they make a decision.

Another important factor is bike sizing. We are all built differently and just because an online sizing chart recommends a certain size for your height, doesn’t necessarily mean it will be right for you particularly body shape.

Unfortunately opening an e-bike shop requires a substantial initial investment and you will need to choose your location wisely. These businesses tend to thrive in larger towns and cities, where people are looking for a viable alternative to public transport or cars for commuting.

The good news is, the electric bike industry is continuing to grow at a steady rate and this growth is predicted to continue well into the 2020’s. Another point to consider is that in the early days, e-bikes were very much the preserve of the elderly cyclist, but now we are seeing a trend where more and more young people are purchasing electric bikes.

If you already own a bike shop but haven’t started to stock a range of e-bikes, you need to do it now. You already have a shop and well established business. New e-bike sales are increasing year on year and it is predicted that e-bike sales will eventually overtake conventional bicycle sales.