Charlotte, NC – Pedal Pub, the leading business in experiential tourism providing bike tavern adventures, has announced two of its ‘Bikes with the Barrel’ will debut in Charlotte. The brand is now on the search for a qualified entrepreneur looking for an exciting opportunity to join the Pedal Pub team and operate the hottest and newest business in North Carolina.
“Charlotte is the perfect market for Pedal Pub and we have been fielding inquiries from potential operators each week—with city ordinances already in place, the entrepreneur of our two new bikes will have ease of entry into the market with little to no red tape,” said Shane M. Dunn, Chief Development Officer of Pedal Pub. “With approximately 27.8 million visitors spending over $6.7B in Charlotte, this community and lifestyle will aid in the success of the two new bikes.”
Pedal Pub provides guests with a uniquely fun and engaging way for groups up to sixteen to partake in light exercise and enjoy fresh air while touring the town on a Dutch-made bike. Riders are able to book a tour with large or small groups, typically lasting two hours, to experience the city and visit local bars, breweries, and restaurants.
The development in North Carolina comes as the brand is ramping up its national growth strategies through franchising. With an overarching goal to have 1,200 bikes on the ground running by 2023, Pedal Pub will focus on smart franchise partnerships and tactical site selection to build on its foundation. Pedal Pub is scheduled to open for business in Charlotte in the Spring of 2019, so the search for a passionate entrepreneur has begun.
“The Pedal Pub brand has captured an untapped sector of the multi-billion-dollar tourism industry – no one is delivering this experience quite like us,” said Dunn. “Since switching from a license model to a franchise model, we’re able to provide an unprecedented level of support to our partners by providing a complete business system launched with an unmatched training and support center to help get their businesses into gear.”
With low operating costs, the total first year start-up investment for this business are estimated to be under $100k for qualified investors. This estimate includes the purchase or lease of two Pedal Pub bikes and estimates for insurance, storage, marketing, and corporate support costs. Risk is mitigated since all purchasers receive a full course on the business, a business operations manual, the latest digital technology that is ready to use, a support system for bike maintenance and repair, a U.S. stock of bikes to support growth, as well as territorial protection, and the wealth of information offered by the franchisor.
About Pedal Pub
Pedal Pub was founded in 2007. As a leader in the experiential tourism industry, Pedal Pub provides guests with a uniquely fun, social, and exciting two-hour experience. The brand has over 40 licensed and 10 Franchise locations in development or fully operating throughout the United States and Canada, and aims to have 1,200 bikes operating by 2023.