The startup cost for a bicycle repair business is from
$500 to $5000. The business is practicable from home and you need basic
equipment. The equipment are low cost and easy to source.
Learn
the Trade
The job is practicable from home or a dedicated store. To
augment income you can sell used or new bicycles. The business is locating
based and there are franchising opportunities.
The
Location
The location is very important to the success of the
business. The location should be visible and area with lots of bike
enthusiasts. Find a shop with good storage and workshop to repair the bikes.
It is important learning how to repair bikes. You can
become an apprentice or gain job place experience. Read books, tutorials or
attend a trade workshop.
Watch tutorial videos and practice repairing bikes before
offering your services. The job involves replacing worn parts, replacing
chains, flats. They tighten spokes, straighten wheels, general servicing and
inflate tires.
• Workplace
experience
• become an
apprentice
• Read books
• Use
tutorials
• Attend a
trade workshops
• Watch
tutorial videos
• Practice
repairing bike at home
Tools
to Repair Bikes
The equipment is basic and easy to find. You could
purchase a bike repair kit and use tools around the house. Some handy tools are
tire lever, trueing wheels, chain whips, wrenches. A good tire pump is also
very useful.
Tools
• Bike
repair kit
• Spanners
• Tire lever
• air pump
• trueing
wheels
• Chain
whips
• wrenches
Earnings
The job is profitable based on the number of clients you
service. Operator have flexible working hours and earn about $30 to $40 per
hour.
Value
added Service
The core business is bicycle repair however value added
services would increase income. Sell used or new bikes, basic tune up,
cleaning. Sell replacement parts and bike accessories like lights, bells, bike
seats.
• Bicycle
repair
• Sell used
• Sell new
bikes
• Do basic
tune up
• Bike
cleaning
• Sell
replacement parts
• Sell bike
accessories
Marketing
You don’t need serious marketing to attract customers.
First make sure your workshop is in a public location. Place a simple signboard
in-front of the store. Use flyers, business cards and word of mouth.
Be cautious to you customer, look over the bike to spot
the problem. Prepare a bill and explain your charges, replacement parts you
need to buy.
The business is strictly cash based so collect advance
before starting the job. This is to prevent people abandoning their bikes in
your store for several months.
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