Join the Ride Electric Network

Start your own e-Bike sales and rental business today!

Become a Ride Electric Partner and join the e-Bike revolution with our Turnkey package.

This includes everything you need to start your own e-Bike business from e-Bikes, accessories, marketing and business support, an online booking platform and much more!

When we launched in 2017 we analysed 3 important factors we knew were necessary to succeed. Entering an industry with…

1. With limited competition
2. With a clear route to market.
3. In an area of exponential growth

What’s the best
business to start?

There is a well-known three tier mix for the best type of business to start:

1. In an area of exponential growth
2. With limited competition
3. With a clear route to market.

We have all three wrapped up here in an exciting revolution.

Did you know that the ebike revolution is arriving to the UK? Electric bikes in Europe outsold regular bikes last year. This emerging sector is creating multiple exciting opportunities to start a rapid growth, sustainable business.

Ride Electric has developed a revolutionary business model for ebike rental and ebike sales business. We are looking for partners to come on this journey with us and disrupt the way ebikes are sold.

How is the Ride Electric Network Business Model disrupting the market?

Bikes and e-Bikes are in greater demand than ever before, demand has completely outstripped supply. In fact at a time when bikes have never been more sought after bikes shops are closing at a faster rate than ever before – they simply do not have stock and the traditional model of selling bikes needs rewritten.

We realise you do not need to have a huge retail space filled with 100’s bikes. We use a small range of premium, made-to-order e-Bikes. We use these European built and designed, premium e-Bikes and take our customers on an experience ride. An experience ride is when a customer and one of our team go for a cycle, a chance to understand how the bike works in a relaxed, informative and friendly way. If the customer decides to buy a bike we simply place the order and when it is built provide the customer with a full hand-over, training and a 3 year maintenance package free-of-charge.

In addition to the retail side of the business we offer e-Bike rentals. These are generally for visitors to the area who want a bike to see the local hotspots and attractions.

The Ride Electric Network model is simple.

We are offering others the opportunity to replicate exactly what we have done already – growing a business by 100% year-on-year through a customer-centric approach and only dealing with premium products. The secret is in the way we do it….

The Ride Electric Network e-Bike sales model is a lot more competitive than traditional bike retailers. That is why bike retailers are closing across the UK while online sellers are growing their market share.

How can you start a business selling electric bikes? Or how can I add this to my existing business?

You can start your own e-Bike hire and retail business by joining the Ride Electric Network – it is a turnkey package with everything you need from e-Bikes, training, marketing, insurance and everything else you could possible need.

Joining the Ride Electric Network is a fantastic way to start your own business – it is also a great way to diversify an existing business. In fact this is exactly what Ricky, our first ever partner, has done with his activities business, Alive Adventures in N. Ireland. Realising the need to offer his customers new activities, Ricky decided to add e-Bike hire to kayaking, surfing and paddleboarding. It became very clear however that there was a lot more potential here than hiring e-Bikes.

“Initially I contacted the team at Ride Electric to find out more about hiring e-Bikes as I thought this would be a great add-on for my customers. Craig took me on an experience ride and I was immediately hooked. After spending a lot of time with the team and really getting to understand how their business model worked it became clear the real opportunity to impact my revenue was in fact through e-Bike sales.”

As Ricky found out, joining the Ride Electric Network allows you to establish a new dual revenue business, through hiring e-Bikes to your customers and selling electric bikes also. This is achieved without having to invest in large retail spaces and large amounts of stock. The investment in partner status is a turnkey business including e-Bikes, accessories, marketing, online booking platform, business support and onsite training in e-Bike sales and maintenance. This is like becoming a franchisee.

Why is starting a business in the electric-bike sales and hire a good idea?

e-bike sales in Europe and the UK are expected to grow from 3.7 Million up to 17 Million per year by 2030 (according to the Confederation of the European Bicycle Industry and reported by Forbes).

Life has changed in every way since the onset of COVID in March 2020. The covid pandemic has made people take a step back to look at what is important in life and realised that being happy, being outdoors, not being stuck in traffic and living life is what matters!

This has resulted in the biggest biking boom ever witnessed. Ride Electric is placed as a premium lifestyle brand, enabling this new outside, fresh, healthy way of living.

Join the Ride Electric Network

This is a turnkey package which will allow you to start your own e-Bike hire business.

We invite inspired entrepreneurs to join us in the disruption of the e-Bike industry. Start your own e-Bike rental and sales business.

What is the Ride Electric Network?

Ride Electric Network Partners are fully independent business owners within our supply chain who will specialise in renting and selling premium, bespoke electric-bikes. Ride Electric Network Partners gain the full support and training of Ride Electric head office. You will avail of an instant e-Bike rental and sales business including:

1

A choice of premium Riese & Müller ebikes. In consultation with the Ride Electric team you will choose your own combination of the Nevo 3, Swing 3, Charger 3, Cruiser Mixed Urban and Load 75.

2

All necessary equipment including helmets, chains, Kryptonite Keeper 785 Gold Standard Chain lock, panniers and get home safe kit.

3

Onsite training will take place at your premises with a dedicated Ride Electric team member. In addition to this, virtual assistance will be available on demand at any time. The initial onsite training package is broken up into 3 areas:

– Premium market e-Bike product training, e-Bike product, basic setup and maintenance.

– Sales Training which includes approach, supporting tools and resources.

– Business development coaching – we benefit from making you the very best sales agent.

4

Includes user training and ongoing assistance with configuration as required. Financial & utilisation reporting and central Digital Marketing support.

5

Marketing collateral which includes, Ride Electric Feather Flag, Large format outdoor vinyl banner, lightweight Bike Stand, Pull-up banner and Sales Leaflet.

6

Digital marketing package.

7

Partners are assigned a successful Mentor who will take responsibility to inspire your success on this venture. The mentor will give you practical advice, share their experiences of being a Partner and be with you on every step of your journey.

8

Online booking system for your bike hire and bike sales.

And much more …

FAQ's

We supply the ebikes and accessories along with all the marketing material including graphic design, a featured page on the Ride Electric website, social media support and anything you might need. All of this is covered within your set up cost. Once you are set up and selling or hiring your ebikes, we'll take a percentage of each sale.

The exact package is customised for your specific needs, you will be carefully guided through your options with a Director of Ride Electric. This will include 100% transparency on all costs. Part of the onboarding process includes a bespoke Business Plan with financial projections which you can tailor for your own specific opportunity.

The minimum investment Partners typically invest starts at £20,000 for the turnkey package. Existing Partners have a proven track record of attaining gross profit margins of 80%.

The financial investment to become a Partner is lower than the cost of the e-Bikes and accessories if you bought them independently. In addition to covering risk through the value of products each Partner will receive a myriad of added extras from marketing material to business support to online integrated booking platforms.

Existing small business owners looking to add an additional revenue stream such as activity providers, hospitality and tourism companies. When you already have a business with your own prospects and marketing the addition of the Ride Electric Network scheme is relatively low monetary and time investment with high return on investment.

Stand-alone businesses. This is where the Partner’s only business is hiring and selling e-Bikes through Ride Electric. This is exactly how it all began with Ride Electric in North Shields.

Read Rick’s Story

I am the owner of Alive Adventures and Surf School in Portrush, Northern Ireland. I am the first Ride Electric Network Partner in Northern Ireland.

I initially approached Ride Electric to buy bikes as an add-on to my activities business, Alive Adventures. Then lockdown hit. Over the next year I watched how Ride Electric operated, the way the business grew, quickly, through a very focused customer-centric model. I also saw how they only dealt with premium brands. In particular, Riese and Muller which are premium e-Bikes made-to-order from Germany.

While I had originally only thought of ebike rentals it became clear that the financial potential in sales was huge. The systems Ride Electric put in place to support the business were beyond anything I had seen before, anywhere. I knew that with their knowledge, support, expertise and training I could replicate their success in Portrush.

I’ve also found that electric bike hire is in demand in my native Portrush too. I get to keep 100% of the hire fees so this is a good recurring income for me.

I am very grateful to have diversified by business just before covid and I can honestly say that being a Ride Electric Network Partner has kept me afloat. My friends and family have been very supportive of my Ride Electric journey. This experience has opened up opportunities for quality family time while doing something we love, being outdoors and exploring Northern Ireland.

I am so bought into the philosophy of Ride Electric that I decided to invest in the business. I’ve become a Ride Electric Partner in February 2021.

For anyone who becomes a REN Partner in Northern Ireland I look forward to becoming your mentor. I look forward to helping others create their own successful business in e-Bikes.

get in touch!

Joining the Ride Electric Network is a low-risk investment opportunity and perfect for all existing business models from established hospitality, activity and retail businesses.

Already have a bike rental shop, why not add ebikes? Do you own an activity business, what about adding ebike rentals to your list of activities?

Have you been waiting for an investment opportunity? Some of our NetworkPartners work as full time e-Bike hire and sellers through Ride Electric. This could be your route to becoming your own boss.

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