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Bicycle Repair Service

About Startup Costs

The startup costs provided in this database include an approximate financial investment that will be needed to start the business. This is generalized information and should only be used as a yardstick to determine business startup costs. Your investment will vary based on factors such as equipment, transportation, licensing and permits, operating location, working capital and initial marketing and advertising budgets. Remember a successful entrepreneur is one who carefully researches and plans every aspect of a new business venture, including the financial investment needed to start a business and the working capital required to achieve positive cash flow.

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Business At A Glance

Bicycle Repair Service

Startup Costs: $2,000 - $10,000
Home Based: Can be operated from home.
Part Time: Can be operated part-time.

About

Franchises Available? Yes
Online Operation? No

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Turn your love for cycling into a bike repair business.

Business Overview

How profitable can a bicycle repair service be? Just ask any one of the thousands of bicycle repair shop owners who are now making a handsome profit from their business. A bicycle repair service is a fantastic new venture to start for the following reasons: * The business can be started and operated from a homebased workshop * Low initial startup investment and minimal monthly operating overheads * Proven consumer demand for bicycle repairs that increases each year * Ability to earn $40 per hour or more, and additional profits can be made on parts sales * Part-time or full-time opportunity that has very flexible operating hours * Repair skills needed to operate the business are minimal and can be learned very quickly As you can see, there are many benefits to starting a bicycle repair service on a full- or part-time basis.

The Market

Whether it's replacing a bicycle chain or fixing a flat tire, your business will serve anyone needing repair work done. Be sure to establish alliances with bicycling clubs and organizations in the community, as the membership of these clubs can become potential customers of the bicycle repair business.