Sancho's Horse wrote:Pretty interesting trikes, all that fiberglass looks heavy though. 3k seems pretty reasonable.
I worry that the margins on a pedicab business would be pretty tight, and you would definitely need some regular dedicated types of routes to base a business on. I have a very good situation in my town, because there are two major areas less than a mile apart where all the college students go to drink, there is an area where most students live which is on the edge of walking distance from the bars, there is a stadium which is far enough it is a hassle, and there is a new high end college housing development going up right across the street from my house. There is also a decent river drive, don't know who would take it though...unless a stoner route?
So...lots of potential business with predictable patterns, and distances. I think the road usage patterns, and infrastructure fit a pedicab without inciting other drivers to invent reasons why I can't be in business. The university and students will be happy to have me (reduced drinking and driving), and there is a downtown development group who will really go to bat for me. My competition is mostly walking, so I am putting some heated blankets in the back, and some good protection from the elements. The cabbies in town mostly take people a little further, so...I am hoping they won't be too much trouble. I also have spent some time looking into renting out the rig for somebody else to drive. The insurance is off the charts...at least what I have found getting quotes from insurers discussed in the pedicab forum...one quoted me ~$1500. But every situation is different, and I am afraid a business like this will always need some very highly specific first hand, local knowledge, and a willingness to make very little money for awhile.
I am going to get some advertising revenue it seems like (good college target demographic), and I am considering selling some energy drinks, turning it into a bit of a snack shack. So...for me it is a tenative go, but I am guessing having $7000 is the least amount possible to get it started.
Not sure it will get very many off the road, more likely the sidewalk, but it could get some people started in thinking about it.
It will definitely be a blast though.
Sancho's Horse wrote:Downtown development will think its a godsend. They tried a late night trolley, and the downtown bars chipped in for those operations, but economically it just didn't make sense. So, the pedicab is a definite win.
I have spent a lot of time looking at purpose built pedicabs. I am not really satisfied with any of them.
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