Is Bike Rental Profitable?
Bicycle Industry Profitability Profitability Overview Monthly profit: $158K Weekly profit: $39.4K Market size: $29.2B Profit margins: 10-12% Business Considerations Bicycle Sales in India Profit margin in Cycle Store Business: ₹5 lakhs – ₹20 lakhs Annual industry production: 15.5 million units Rural Needs Transportation in rural areas/villages Financial Outlook Determine profitability within 7 months Sales Strategy … Read more