Operating a scooter-sharing service is a luctrative venture. In fact, the scooter-share industry experiences an estimated 30% gross profit margin on scooter rides. See how much money you can earn with public and private micromobility models.
Even with varying fixed costs involved, a 50-vehicle fleet owner can expect to recover upfront costs in three months. In other words, you will become profitable by month four. These profits will naturally increase based on fleet size.
A business-to-business or private shared system for hotels, campuses and deliveries eliminates the permit process and the pain of insurance. A B2B fleet comes with built-in customers ready to ride and huge financial upsides.
Here’s an example:
Resorts are revenue machines. With a fleet of 25 scooters serving a population of 200 people for 12 operational months, you could make up to US$162,000/year in revenue. By operating in an urban center or in a second location, you could earn even more.
Using Joyride software will lower your operating costs by 93% through monitoring, automation, reporting and software development.
*Estimated Annual Operating Costs $USD.
From backend management to powerful white-label app software, Joyride is your one-stop solution for hardware, insurance, city permit setup, industry resources and all other considerations that come with your fleet.
Get in touch with us today!
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