Full Business Description

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This is an excellent opportunity to acquire a Mobi Bicycle hire franchise hire business operating in a vibrant garden route town.

 

Established in 2022, the business has built a strong local presence.

 

The business can easily operate from a ±20m² premises or from home Monday to Saturday.

 

Recommended Rental & Hire Rates

 

Daily Rental Rates: R250.00 per day with a refundable up-front deposit of: R250.00.
Weekly Rental Rates: R199.00 per day with a refundable up-front deposit of R2, 100.00.
Monthly Rental Rates: R130.00 per day with f refundable up-front deposit of R4, 500.00

Long Term Hire 90 days Plus Rates: R100.00 per day with a refundable up-front deposit of R4, 500.00.

 

Financial Projections

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• Average monthly turnover: ± R37,000

• Average Monthly Overheads: ±R17 000

• Average monthly net profit: ±R20,000​

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Operational Overview

• Trading hours: Monday to Friday (09:00 – 4.30)

• Saturday (9- 12.30)​

 

FRANCHISE SET UP COST:
 

Mobi-Cycles (I P) intellectual Property Agency license fee (once Off) R95 000,00, (2) 250 each Business Cards & A5 Full colour Flyers.
R1 500,00 (30 Hire Agreements R1 500,00 (4) Service manual R900,00 (5) Invoice system R1 200,00 (6) Speed line 80cc Commuter Go Bicycles with rear carrier & stand; @ R9,850.00 each (26" Wheel) R19 700,00 (7) Speed line Commuter Go 80cc Sport Cycles with fitted High rise handle bars & rear carrier @ R10,500.00 each (26" Wheel) R21 000,00 (8) All Terrain Endurance 80cc Mountain Cycle with fitted Rear Carrier & stand @R14,995.00 each (27.5" Wheel) R29 990,00 (9) All Terrain Endurance 80cc Sport fitted with High Rise Handle Bars & rear carrier. @ R17,950 each (27.5" Wheel)
R35 900,00 (10) Franchise admin Fee R3 310,00

 

(11) Total price Vat Inc. R210 000,00