E-Scooter Rental Business- Be your own boss, start this business in just 10 lakhs, earn 1.25 lakh rupees every month..

The popularity of electric vehicles is increasing continuously in India. EV scooters and bikes have now become the first choice of the youth as well as the elderly. Ease of driving, no need for a license, and low cost are the main reasons for their popularity. Due to the increasing demand for EVs, the e-bike rental business has become highly profitable. If you want to start a profitable business with less capital, then you should start the electric bike-scooter rental business. With the right planning, marketing, and maintenance, you can earn a lot of money every month from this business.

You do not need to spend a lot of money to start an e-bike rental business. You can start this business by investing only Rs 10 lakh. A good quality e-bike costs up to Rs 60,000. You can also start with ten bikes. Along with bikes, you will also have to spend some money on charging stations, office and warehouse, app or website, and registration and office help.

The best place to start an e-bike rental business can be the main road of your city, market, college, or places where there are more offices or main tourist places. You can open your office in 400-600 square feet of space. External businessmen, marketing executives, students, and tourists will be your potential customers.

 How much money will have to be invested

In the e-bike rental business, most money will be spent on buying e-scooters. If you start work with ten scooters, then you will have to invest at least Rs 600000. You will also have to spend at least 60-70 thousand rupees in the beginning to pay an advance for office or showroom rent. To charge the e-bike, you will also have to spend at least one lakh rupees on the charging station.

You will have to spend a good amount of money on the app, website, and promotion of your business, which will go up to at least 1,00,000. Apart from this, at least 50 thousand rupees will be spent on a helmet, insurance, etc. At least one lakh rupees will be spent on office furniture and decoration. In this way, in total, you can start this business for ten lakh rupees.

How and how much will be the earnings?

The earnings will depend on the rental model, number of bikes, and customer base. If you get a rent of 100 rupees per hour and a bike is rented for 6 hours a day, then the earnings per bike will be 600 rupees per day. In this way, ten bikes can generate an income of 6000 rupees per day, that is, 180000 rupees per month. If we assume an average earning of 400 rupees per day from one bike, then you can earn 1.2 lakh rupees every month.

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