Bicycle Rental and repair shop
The data displayed on this Dashboard, represent the results of a generic bike rent and repair shop in the City Center of a major European City.
Bidea Score
Quality and success probability of your business idea
Risk Meter
The risk meters determines the how risky the idea is
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Observations
Summary of the strengths and weeknesses of the idea
  • You should consider implementing processes to be able to automate and delegate the provision of your services or the sale of your products
  • The assets of your business have a very aggressive devaluation, as alternatives to the purchase, you could consider leasing or leasing those assets
  • The estimated profit of your business indicates that your business is a very solvent business
  • The profitability of your business is very good
Business Approach
Summary of the strengths and weeknesses of the idea
Available to premium users
256%
% Profit
181432
Estimated Annual Profit (Gross)
252390
Estimated Annual Turnover
29000
Initial Investment
53098,11
Annual Fixed Cost
Break even point
Determines the number of units per each product need to be sold to cover the total cost (Fixed + Variable costs)
Contribution margin
The size and the position of the bubbles represent the profit and unit margin of each product. This data is valuable to determine correct prices to the products and to prioritize the sales of certain products over others.
Opening hours
Indicate the opening of the business on different time frames.
Daily
33% Optimized
opened
8h
Closed
16h
Weekly
24% Optimized
opened
40h
Closed
128h
Monthly
24% Optimized
opened
172h
Closed
550h
Yearly
21% Optimized
opened
1864h
Closed
6776h
Hourly cost
The revenue that the business must generate per hour in order to cover fixed costs
28,2
Hourly Cost
Loan & financing
Summarizes and estimates the repayments over the course of all the business loans.
0 %
Annual Interest Rate
0,00
Total Interest
0,00
Total Loan Requested
0,00
Total Loan Payment
0,00
Payment Per Period
1
Amount of Payments