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.
Business At A Glance
Bicycle Tours
Startup Costs: $10,000 - $50,000
About
Part Time: Can be operated part-time.
Seasonal Business: Yes
Franchises Available? No
Online Operation? No
Build a business that cycles around your town.
Business Overview
Careening down a steep mountain road at 30 miles per hour on a mountain bike may not be everyone’s idea of the perfect vacation. However, there's no denying the fact that bicycle vacation tours are one of the fastest growing segments of the travel industry. The key to success in a bicycle tour business is that the tours have to be unique, fun and interesting, and should be organized around a central theme. Additional considerations include accommodations, meals and transportation requirements or services, as well as the length and location of the tours. Advertising in all the traditional media, developing a company website promoting the business, and listing the tours with travel agents and brokers can accomplish marketing the business.
The Market
Your target market will be cycling and mountain bike enthusiasts, as well as adventurous thrill-seekers. Be sure to establish alliances with bicycling clubs and organizations in the community, as the membership of these clubs can become potential customers.
Related Articles
Starting a Sports or Recreation Business
If you love sports and want to start a business, why not combine the two?
Bicycle Built For You?
Race to an industry ripe for invention.
Related Franchises
Conte's Bicycle & Fitness Equipment
Bicycles & accessories, fitness equipment
Wheel Fun Rentals
Recreational equipment rental