Electric Spokes

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What to know about Electric Spokes franchise? Electric Spokes Franchise offers a business opportunity in retail. Each store sells a variety of light electric vehicles such as electric bicycles, electric scooters, electric skateboards, electric trikes, hoverboards, solo wheels, and other personal electric vehicles. They sell and service a variety of conventional non-electric bicycles and trikes. In the U.S., competition among e-bike retailers' limited because of few bicycle dealers willing to invest in the inventory or the service technician support to fully capitalize on substantial demand. Despitethis facts, a handful of e-bike retailers have been overwhelmed with demand for orders, service, and test-rides. Tour companies, travel agencies, municipal parks and recreation departments, police departments, postal and food delivery personnel, college students, senior living communities, beach towns, adventure trails, and more are just a few of the yet unrealized growth venues available for the smart e-bike franchisee entrepreneur. Electric Spokes is based in Verona, NJ. Scroll down to learn more!How much does a Electric Spokes franchise cost?Are you wondering how much is a Electric Spokes franchise? Before starting a Electric Spokes franchise, it is important to know the franchise fee, working capital and other costs required to start the business.The minimum investment amount required to open a Electric Spokes franchise is $127,193 and can go all the way up to $412,388. Keep in mind, you should also allocate additional funds to live off of while the Electric Spokes business ramps up. This can take as little as 6 months to over 2 years depending on the franchise opportunity. You should speak to at least 5 Electric Spokes franchisees to understand the true cost of opening the franchise and how long it takes to: 1) start a Electric Spokes business 2) pass break even 3) hit significant income.After (and if) you pass the point of earning significant income from your Electric Spokes franchise, there may be enough margin to hire a day-to-day manager and work less hours in the business.