PEDAL PUB
PP Development, LLC d/b/a Pedal Pub franchises mobile entertainment tour businesses that operate party bikes for group pedaling tours providing dynamic entertainment experiences. The business model involves granting franchise rights to use the Pedal Pub marks, system, bikes from affiliates, training, and ongoing support, with franchisees handling operations and complying with standards. Target market is the general public seeking fun, social outings, often seasonal and in urban areas with nightlife or events.
Franchise Costs
8% royalty (increasing to 10%) + 2% ad fund (max $1,000/mo) + $1,000/mo digital fee + $200/mo technology fee
Financial Performance
Item 19 Financial Performance
Data Based On: 13 franchised Pedal Pub Businesses that were open and operating during all of calendar year 2023.
* Weighted average of gross revenues calculated from segmented data (2 units at $2,112,747 + 4 units at $281,922 + 7 units at $105,935) / 13 total units = $468,825.15, which matches the reported overall average of $468,825. No expense or profit data explicitly provided to estimate net income/profit/EBITDA.
Extracted Item 19 Section
How PEDAL PUB Compares
Key Insights
- One of the lowest investment costs in Family Entertainment (ranked #3 of 16)
- Top 10 largest franchise system in Family Entertainment
- One of the lowest SBA loan default rates in Family Entertainment
| Franchise | Investment | Fee | Royalty | Locations |
|---|---|---|---|---|
PEDAL PUB Current | $115K – $281K | $40K | 8.0% | 20 |
| URBAN AIR ADVENTURE PARK | $3.1M – $8.4M | $100K | 7.0% | 193 |
| ALTITUDE TRAMPOLINE PARK | $1.6M – $3.0M | $50K | N/A | 69 |
| Escapology | $627K – $2.3M | $45K | 6.0% | 63 |
| Miss Teen USA | $24K – $1.2M | N/A | N/A | 51 |
| Pump It Up | $104K – $661K | $30K | 6.0% | 42 |
Family Entertainment Average 16 franchises | $978K – $2.3M | $53K | 6.6% | – |
* Comparison based on latest FDD filings. Investment ranges from Item 7, fees from Item 5. Showing top 5 of 16 Family Entertainment franchises by location count.
Locations & Growth
Outlet Growth Over Time
Total outlets at end of each year
Geographic Distribution (2023)
Outlets by state across the United States
SBA Loan History
Historical SBA 7(a) loan data for PEDAL PUB franchisees (2019 – 2024)
Loans by Year
SBA 7(a) loan activity over time
* Data sourced from SBA 7(a) FOIA loan records. Default rate calculated from charged-off loans.
Franchisee Contacts
20 franchisee contacts on file from official FDD filings.
| Name | SBA Loan |
|---|---|
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
John Smith ABC Franchise LLC | $350,000 2023 · Active |
20 Contacts Available
Unlock all PEDAL PUB franchisee contacts with verified contact information
Due Diligence
Litigation (Item 3)
Bankruptcy (Item 4)
System Health (Item 20)
Franchise system changes reported in the most recent fiscal year
Frequently Asked Questions
The total initial investment to open a PEDAL PUB franchise ranges from $114,645 to $281,196. This includes a franchise fee of $39,900. Ongoing royalty fees are 8.0% of gross sales.
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