Pedal Pub
Pedal Pub Businesses provide a dynamic mobile entertainment tour experience using party bikes and related products and services.
Your franchise match score
Entertainment
Brand highlights
- CEOMichael Wickam
- Headquarters3212 Rice Street, St. Paul, MN, 55126
- Year founded2006
- Year started franchising2018
- IndustryEntertainment
- Locations open21 (+8 last three years)
Statistics & metrics
- Investment range$114,645 - $281,196
- Franchise fee$39,900
- RoyaltySubject to the Minimum Monthly Royalty Fee, the “Royalty Fee” will be (i) 8% of Gross Revenues collected each month during the first year following the Standard Royalty Fee Start Date, (ii) 9% of Gross Revenues collected each month during the second year following the Standard Royalty Fee Start Date, and (iii) 10% of Gross Revenues collected each month during the third and each subsequent year following the Standard Royalty Fee Start Date. (Note 2).
- Brand fundYou must contribute 2% of Gross Revenues, up to a maximum of $1,000 in any calendar month, to our System advertising fund.
- Required Liquid CapitalN/A
- Required Net WorthN/A
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FDD insights
The information shown below is derived from publicly available franchise disclosure documents (FDDs), including the version issued as of the issuance date listed below, and other third-party sources. This information may not reflect the most current FDD. It is provided for general informational purposes only and is not part of any franchise offering or sales process. Franchise Sidekick is not providing or furnishing an FDD in accordance with FTC requirements. You should obtain and review the most current official FDD directly from the franchisor before making any investment decision.
FDD Version Referenced - Issuance Date: 2024-05-16
| Category | Detail | View |
|---|---|---|
| The Franchisor & Executives | Learn about Pedal Pub, its parent company, and the executive leadership team responsible for operating and supporting the franchise system. | |
| Initial Franchise Fee | Learn about the initial franchise fee required to join the Pedal Pub franchise system and what that fee covers. | |
| Other Fees | Understand the ongoing and additional fees associated with owning a Pedal Pub franchise, including royalties, marketing contributions, and other required payments. | |
| Estimated Initial Investment | Review the estimated total initial investment required to open a Pedal Pub franchise, including startup costs and working capital estimates. | |
| Territory | Understand how franchise territories are defined, whether they are exclusive, and under what circumstances they may be modified by Pedal Pub. | |
| Financial Performance Representations | Review any financial performance information Pedal Pub provides, including revenue or earnings data, if disclosed. |
Location data
| Total locations | 21 |
| Franchise locations | 20 |
| Corporate locations | 1 |
System growth over time
FAQs
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