- Franchise 500 Rank
-
N/R Not ranked last year
- Initial investment
-
$117K - $270K
- Units as of 2023
-
21 61.5% over 3 years
Company Overview
About Pedal Pub
Industry | Recreation |
---|---|
Related Categories | Miscellaneous Recreation Businesses, Beverages |
Founded | 2007 |
Leadership | Todd Treml, President |
Corporate Address |
3212 Rice St. Minneapolis, MN 55126 |
Social | Facebook, Twitter, LinkedIn, Instagram |
Business Overview
Franchising Since | 2018 (6 years) |
---|---|
# of employees at HQ | 6 |
Where seeking |
This company is offering new franchises throughout the US. This company is offering new franchises worldwide. |
# of Units | 21 (as of 2023) |
|
Information for Franchisees
Here's what you need to know if you're interested in opening a Pedal Pub franchise.
Financial Requirements & Ongoing Fees
Here's what you can expect to spend to start the business and what ongoing fees the franchisor charges throughout the life of the business.
Initial Franchise Fee
|
$39,900 |
---|---|
Initial Investment
|
$117,450 - $270,400 |
Net Worth Requirement
|
$300,000 - $5,000,000 |
Cash Requirement
|
$75,000 - $500,000 |
Royalty Fee
|
8%-10% |
Ad Royalty Fee
|
2% |
Term of Agreement
|
10 years |
Is franchise term renewable? | Yes |
Training & Support Offered
Franchisors offer initial training programs and a variety of ongoing support options to help franchisees run their businesses.
On-The-Job Training | 19-33 hours |
---|---|
Classroom Training | 8-12 hours |
Ongoing Support |
Newsletter
Meetings & Conventions
Grand Opening
Online Support
Security & Safety Procedures
Lease Negotiation
Field Operations
Site Selection
Franchisee Intranet Platform
|
Marketing Support |
Ad Templates
National Media
Regional Advertising
Social Media
SEO
Website Development
Email Marketing
|
Operations
Additional details about running this franchise.
Is absentee ownership allowed? | No |
---|---|
Can this franchise be run from home/mobile unit?
|
No |
Can this franchise be run part time?
|
No |
Are exclusive territories available?
|
Yes |
Additional Rankings
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