Pedal Pub
Entertainment & Recreation · Events & Experiences
- Active units
- 15
- Avg unit volume
- $469k
Franchised, year-end 2023
About Pedal Pub
Pedal Pub is the original party bike brand that offers a unique and exhilarating experience for individuals and businesses alike. As your personal bar on wheels, Pedal Pub allows you to book a bike for a fun and memorable trip around the city. Additionally, Pedal Pub offers a franchise opportunity for those looking to join the booming party bike industry. With over a decade of experience, Pedal Pub is the industry pioneer in the United States and has expanded to over 40 licensed cities and 20 franchise locations. With over 200 bikes on the road, Pedal Pub has catered to the happiness of over 1 million riders every year. As an industry-leading experiential tourism company, Pedal Pub creates unforgettable memories for millions of guests annually. Whether you're planning bachelorette parties, company outings, birthdays, or just a night out with friends, Pedal Pub ensures a fun and exciting experience. If you're ready to escape the corporate world and become a business owner, Pedal Pub offers a low-cost franchise opportunity with a strong return on investment. Inquire today and join the Pedal Pub family!.
Key terms
Brand Percentile Rankings
Rankings compare brands in the same operating year. Fee and investment figures come from the FDD (2024 filing).
Growth
- Total locations15
Franchised units open at year-end
- New openings3
Gross new units opened during the calendar year
- 1-year unit growth rate7.1%
Net unit growth versus prior year
- 3-year unit CAGR11.8%
Compound annual growth rate of unit count over the trailing 3 years
- Unit growth ratio1.5×
Cumulative opens / closures through year-end
Unit economics
- Annual unit volume (Median)$469k
Average gross revenues for the 13 franchised outlets operating the full 2023 calendar year.
- Annual unit volume (25th percentile)—
Per FDD Item 19 disclosure
- Annual unit volume (75th percentile)—
Per FDD Item 19 disclosure
- 1-year Median AUV growth rate—
Year-over-year change in median AUV
- Store-level EBITDA Margin—
Median unit-level EBITDA / AUV
Investment profile
- Estimated initial investment—
Midpoint of estimated initial investment range
- Time to open—
Midpoint of average time from agreement to opening
- Royalty rate—
Percent of net sales paid to the franchisor
- Sales-to-investment ratio—
Median AUV / estimated initial investment midpoint
- Cash-on-cash returns—
Median unit-level EBITDA / estimated initial investment midpoint. Steady-state estimate; year 1 returns will be lower as the unit ramps to median volumes.
Franchisee healthLocked
- Unit closure ratio
- Transfer vs. closure ratio
- Percent multi-unit franchisees
- Litigation rate
- EBITDA multiple on sales & transfers
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Sources
Financial and operating figures are sourced from the brand's Franchise Disclosure Documents. Brand percentile rankings are based on comparisons to other brands that include the same metrics in their Franchise Disclosure Documents.