You rent them out at $50/hour, and estimate each bike will get rented 2 times per day. That's $100 per bike/per day, or $400 for your fleet of 4. Assuming you run your business 5 days per week, your gross revenue would be about $8,000/month.

The cost of opening a an eBikes business can vary based on several factors. However for a an eBikes business you can expect to spend $62 to $46,923 with an average cost of $24,900.

Average Costs The average price to buy an electric bike is between $600 and $2,500. There are also many eBike models that are much more expensive than $1,000, with some costing as much as $8,000. The typical eBike rider will pay around $1,500 for their ride.

Since the pandemic began, the world has seen a huge surge in the demand for bikes and a shortage of the raw materials needed to build them. This has put a significant strain on the global supply chain, especially because bikes are complex products with components that are sourced from around the world.