You do not need to spend too much money to start an e-bike rental business. You can start this business only by applying only 10 lakh rupees. E-bike of a good quality comes up to Rs 60,000. You can also start with ten bikes. Along with bikes, you will also have to spend some money for charging station, office and warehouse, app or website and registration and office help.
Where, how much money will be invested
In e-bike rental business, your most money will be spent on purchasing e-bookter. If you start work with ten scooters, then you will have to invest at least 600000 rupees. You will also have to invest at least 60-70 thousand rupees in the beginning to give advance for the rent of the office or showroom. To charge e-bike, you will also have to invest at least one lakh rupees on the charging station.
You will also have to spend good money on the promotion of app, website and your business, which will go to at least 1,00,000. Apart from this, at least 50 thousand rupees will also be spent on helmet, insurance etc. At least one lakh rupees will also be spent on office furniture and decorations. In this way, overall you can start this business for one million rupees.
How and how much will be earned
The earnings will depend on the rental model, the number of bikes and the customer base. If you get Rs 100 fare per hour and a bike is paid for 6 hours a day, then it will earn 600 rupees per bike per day. In this way, ten bikes can earn 6000 rupees daily, ie 180000 rupees of the month. If we consider an average of Rs 400 on an average of every day from a bike, then you can earn Rs 1.2 lakh every month.
