WW Bikes | Application Preview
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General Information
Business Registration Number: 0158494
Location: KINGSPORT, TN, United States
Length of Operation: 1-5
Number of Employees: 1-10 Employees
Annual Gross Income: Less than $100k
Annual Gross Expense: Less than $100k
Open to Loans: YES
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Funding Usage
This money would be used to purchase ebikes for the rental fleet and meet other operating costs as needed.
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Business Plan
I am a brand new start-up, so there is no option but to grow. Within the first year I would like to add e-bike trikes to my fleet so that the cycling experience is more accessible to more people including those who may not be able to ride a traditional 2-wheeled bicycle. Within 5 years I plan to have two physical locations. One would be in Kingsport on or near the Greenbelt. The other would be in Jonesborough on or near the Tweetsie trail once expansion happens. Both locations would have enough inventory for at least a dozen rentals at the same time. If the demand is there, I would consider offering guided tours that would hit local attractions close to the Greenbelt or Tweetsie trail. My funding request would allow me to add 3-4 e-bike trikes to my fleet, 7-8 traditional e-bikes, and a trailer to haul multiple e-bikes for trailhead delivery and pickup.
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Self Identified Competition
No real competition in Kingsport for e-bike rentals. Johnson City has Local Motion operating on the Tweetsie trail. They do not currently offer e-bike trikes. I don't just want to do it as a business, I want people to fall in love with cycling all over again. I want to promote health and exercise by offering Class-1 e-bikes so riders must pedal in order for the bike to assist. My motto is "Ride to Live | Love to Ride". I also want to make the experience accessible to as many people as possible and I will do that by expanding my e-bike size and style offerings, including e-bike trikes. E-bike trike rentals can open up the cycling world to a whole other demographic of riders. Cycling can be an enjoyable lifetime sport by exposing folks to e-bikes and giving them a chance to try them out.
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Contact Applicant
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