Franchise Summary
Description
PP Development, LLC, a Delaware limited liability company, franchises the right to use the Pedal Pub name, logo, company website, party bike and business methods in the mobile entertainment tour industry.
Company Background
Pedal Pub is the original party bike company. With more than 20 years of experience, we've perfected our business methods to offer an unforgettable experience for groups of all shapes and sizes. Pedal Pub provides a transportation solution that's safe, convenient and fun!
Franchise Opportunity
The Pedal Pub is a fun, safe and unique way to get together with friends. But that doesn't mean it's always easy to organize. Booking the right number of bikes for your group can be tricky, especially if you're not familiar with our rules and regulations. And then there are the logistics of getting everyone on board safely! We have all these details worked out so you don't have to worry about them at all. We've got an app that makes booking as simple as possible - even when you're drinking! Our friendly staff will help you reserve your ride in advance or make changes up until the last minute - no matter how much beer has been consumed by any party member (or anyone else involved). Once we arrive at your event location, we'll take care of everything from there too - including making sure everyone gets back home safely after the festivities end. You just sit back and enjoy yourself!
Corporate Structure
PP Development, LLC is a Delaware limited liability company that was formed on June 5, 2017. Their principal business address is 3212 Rice Street St. Paul, MN 55126.
Earnings Transparency
This Franchise discloses slightly more information about the financial performance of their franchisees compared to other franchises in the same industry
Why do some franchises disclose more than others?
There are many reasons why a brand may choose to not include item 19 on their FDD: they could be a newer franchise, they may be in a unique industry that is not super profitable or well-known yet
Financial Performance of "Standard" Units
Average Revenue Per Unit
Compared vs. Party-Related Goods/Services Industry$873,597 / unit
Franchise Type: Standard
Average Revenue During 2021
Franchise Types Available
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Employee Contact Database
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Pedal Pub Franchise System Development in 2022
FAQ
How much investment do I need to start my own Pedal Pub business?
Franchisees typically require at least $117 to $270 investment to get their Pedal Pub business started
What are the initial franchise fees for Pedal Pub?
Franchisees typically need to pay at least $94 in fees directly to Pedal Pub in order to earn the right to launch their business
How much money can I make with a Pedal Pub franchise? What are
the average revenues for a typical Pedal Pub business?
We estimate that the average revenue of an individual
Pedal Pub unit is approximately
$873,597. We based this on Item 19 in franchise disclosure
document
How long do I need to commit to running a Pedal Pub unit? What
is my contractual commitment?
Pedal Pub franchisees are typically required to sign up to a
10 year contract initially. The renewal length
is 5 years. You can of course exit early but
don’t expect to get any refund!
Accessibility
The Franchisor's investment costs ranges from
$117,450 to $270,400
which is
Much Higher
than the $0 to $0 average in the Party-Related Goods/Services industry
What determines the investment cost?
Item 7 of the Franchise Disclosure Document lays out the full list of initial investment costs, including the fee payable to the franchisor, security deposits, equipment, professional fees etc
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