First appearing in Europe in the late 1990s, the party bike industry is now expanding rapidly across America. Entrepreneurs and large entertainment & tourism companies alike are discovering the opportunities of owning a party bike. But how does it work and where do you get one?
Enter the Pedal Crawler.
The Pedal Crawler is a pedal-powered vehicle with seating for 15 passengers. Appealing to bike riders, beer enthusiasts, university students, professionals and tourists, the Pedal Crawler is the perfect eco-tainment for anyone who enjoys a new adventure! The Pedal Crawler attracts imaginative participants from all walks of life and age ranges, and is booked for everything from bachelorette parties to group tours to corporate team building exercises. It is the ultimate party bike experience.
Designed and manufactured by a professional fabrication company, the Pedal Crawler combines top safety features with style, comfort, and fun. It introduces a whole new entertainment experience to the United States.
Besides the financial independence that comes with being your own boss, party bike businesses enjoy the trifecta that every business owner tries to achieve: low start-up cost, low operating costs, and very high revenue.
Most party bike businesses are run like a limo or party bus service: groups of people rent them out and split the cost. Like such services, party bikes reap an average of $160 – $180 an hour in revenue. However, unlike a limo or party bus, there is no cost of gasoline and maintaining the vehicle is much cheaper. This means that your hourly cost of operating is as low at $10 – $20 per hour!
Do the math:Most party bike owners pay off their initial investment within the first year; many within the first six months alone. By the end of year one, they are already purchasing their second party bike either to pick up additional business or expand to a new location.
Within two to three years, many party bike owners are enjoying a comfortable six-figure income.
Yet, this industry is just getting started. With only a few dozen operators starting up in the past few years, the American market can support more than 500 party bikes nationwide. While the economy is still in the doldrums in other industries, this is an opportunity not to be missed!
Click below to learn the reasons why the Pedal Crawler is the best party bike for your business.
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