Pedal Pub

Party bike tours
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Franchise 500 Rank
N/R Not ranked last year
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Initial investment
$117K - $270K
Units as of 2023
21 Increase 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 Information Circle
$39,900
Initial Investment Information Circle
$117,450 - $270,400
Net Worth Requirement Information Circle
$300,000 - $5,000,000
Cash Requirement Information Circle
$75,000 - $500,000
Royalty Fee Information Circle
8%-10%
Ad Royalty Fee Information Circle
2%
Term of Agreement Information Circle
10 years
Is franchise term renewable? Yes
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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? Information Circle
No
Can this franchise be run part time? Information Circle
No
Are exclusive territories available? Information Circle
Yes
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Additional Rankings

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Disclaimer
The information on this page is not intended as an endorsement or recommendation of any particular franchise or business opportunity by Entrepreneur Media. Our listings and rankings are solely research tools you can use to compare opportunities. Entrepreneur stresses that you should always conduct your own independent investigation before investing in a franchise or business opportunity. That should include reviewing the company's legal documents, consulting with an attorney and an accountant, and talking to former and current franchisees/licensees/dealers.
Updated: December 12th, 2022