Taking a career jump into the cycle trade

d8mok

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Been thinking of this for a while and now at the stage I want to dip my toe.

As most on here I’m pretty capable fixing bikes. Modern or older i can do most things and have done some work for friends and acquaintances more and more this year

I’m thinking along the lines of a mobile/work from home bike repair service. 2 local bike shops are usually 6 weeks booked up and aren’t particularly that great so I’m guessing the work is there

I’d be starting in my spare time and seeing how it goes to start. If it went well it would be full time possibly.

I can easily build a website , have lots of space/tools but unsure if I need a qualification? As Cytech is booked up far in advance and all others look a bit crap

Other major item is insurance. Who covers this sort of thing ? Surely public liability and maybe cover for customers bikes. Is this expensive ?

Any advice would be great from people in the trade or doing similar.
 
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Go for it, ive played with the idea a few times but havent got of my ass to do it.

Best of luck dude
 
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ha! lol! i saw the thread title, started reading then saw the link, clicked on it. apparently i'm a great guy! :LOL:

yeah, tough one, obvs i don't do mobile, i see issues with it but i see people make a go of it and seem to be successful

this guys lives about 10 miles from me, and seems to be doing a good job, i supply him with certain parts for products he doesn't have an account for, in return i know he sends people to me.

https://www.velo-care.com/

i know him, but not that well, now he aims more at high end customers, we got talking a while back, now here's where my relationship with other shops can differ to other shop owners. basically i do my best to be on good terms with every shop around me, the logic being that if a customer needs something i can't do or can't supply then i will punt that customer to the appropriate shop and ideally a specific person, the logic being that they will do the same with me, in my case i know this works as i do get a lot of referrals. as VeloCare are trying to deal with higher end customers i am aware that sometimes he will say "sorry i'm too busy/booked up" etc if they don't want the work (usually meaning the bike is basic or in a state!) but then suggests they come to me. my point is don't treat those shops as enemies, maybe get to know them and suggest they send any overflow or undesirable work to you.

having spoken to the guy that owns velo care, he says he needs 2 £50 services a day to be viable, thinking about that, that means obvs him supplying the parts cover the costs of those parts, and probably a bit more, like fuel etc, then 100 a day you'd lose 25ish to the tax man, which would mean you'd be earning potentially 400 a week in your hand, but that sounds optimistic to me, because 400 a week is a lot, i don't earn that, but then i have alot of stock and i pay rent etc on unit, so i have higher overheads but then i sell a lot more accessories. basically you need the parts profit to cover your costs so that the labour rate can effectively be your wage.

regards qualifications, yes ideally you need them, one because you can promote it, and two because you should have liability insurance, and they may ask if you are qualified, and if not you may find it hard to get cover. i don't think it's a legal requirement though, i'd check though.

now here's where i point out some pitfalls, some people think that mobile is the best way, i don't think this is ideal, if i was doing it i would collect, service and drop off, and here's my reasoning. if you collect then you can collect several bikes at an agreed time, and try and work a few collections in to one trip, obvs saving fuel money across the bikes, take them home to a fully set up workshop, as opposed to working on someones driveway without access to everything, for example cleaning etc, not always easy without a full cleaning set up which would be hard and expensive to fit in to a van. once the bikes are serviced you then drop them back at agreed time. i think if it was me it would be collections/drop offs around 4 to 7 pm, that gives you the day to do the work. this is what i was doing at the start of the pandemic when initially we thought bike shops were not gonna be allowed to open, frankly it worked.

the other reason i am not a fan of mobile is what if you need a tool/part that isn't in your van? you have to go home or you have to order it, not ideal, if you are already at home then you have everything you need, well ideally you do.

my advice would be set up a website, and a facebook page, take bookings via those, and FYI, facebook is defo better than twatter for this, instagram only for pics, not useful for bookings etc, it just doesn't get you anything.

the other reason i think collect/drop off is better, especially to start, is that you won't need to spend out much to set up, if you have a car then you can transport bikes, roof or tow bar, or obvs in side the car, long term get a van though. if you have a reasonable amount of tools then i suggest buying specialist tools as and when you need to do that job and not before.

the only jobs i would consider on driveways would be small jobs, tyre fitting etc, gear cables etc, small stuff, and if it looks bad when you get there point it out and say "this needs more work, i really should take this back to the workshop", customers quite often are unaware how bad their bike is.

other issues will be getting accounts to get parts, some suppliers simply won't deal with you, others are happy to deal with mobile guys but quite often limit their accounts to spares and workshop products only, basically they are worried about any old person phoning up and conning the suppliers in to trade price.

get a good accountant, i started as a "sole trader", went VAT registered 18months later, that was right for me, but it may not be right for you. also if you are doing it as an extra to another full time job then i don't know how it works tax wise as obvs the government will always want their cut. the bastards!

another potential bonus of having a home workshop is tax benefits, my understanding is that if you donate a portion of your home to work you can claim a percentage of house hold bills as work related, obvs i don't do this but i know it can be done, so electric/water/phone and i think council tax can all be partially claimed back.


that's my view on it, take from that what you will!

:)
 
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That’s a fabulous reply. Thank you.

Lots of bits I’d not considered and some things to think about.

My gut feeling is to start small and keep doing my day job and see how it goes.

Currently I have a car , but it’s a company car so issues regarding using that for this venture. I’d need to buy something ideally (small van for £5k ish I thought)

I like the idea of drop off and collect service around tea time. As that’s when most folk are home I guess.

I know one local bike shop very very well and even though I don’t really use them I go in a bit if I need parts/clothing etc. The other one is barely open and I’ve used him but his turnaround times is quite long.

My mum runs a ltd business so I have access to a accountant and her knowledge If needed. The insurance is definitely something I need as don’t fancy being sued.

Money wise I guess it’s hard to predict. I’d be taking a massive pay cut and losing company car but I’m pretty burnt out in current role. Been in same job for 18 years (I’m 36) and feels like now or never. Ideally £2k a month I’d like to pay myself but can be lower to start. Overheads should be small for me once I’ve got a van and insurance.

One valid question - does it kill your passion for bikes?

I used to love cars. Had multiple special cars and was a petrolhead. But 18 years in the motor trade killed that completely. Little bit worried same will happen as cycling is my biggest outlet. (Building and riding )
 
With Covid & many people getting on bikes you shouldn’t be short of work.

Electric bikes are becoming popular now so you ma need to have some experience in these things which are circulating in the general public now.
 
Yes I agree on both points.

No knowledge about ebikes currently so would definitely need some form of training. I learn pretty quickly and am decent enough on motorbikes/cars so those skills should cross over I’d say.
 
Tomas did it earlier this year, with some success I think...

viewtopic.php?f=1&t=411384

Gave me lots of advice when I looked into it earlier in the year, unfortunately I live in a sparsely populated rural area so the numbers didn’t add up for me, also recent attempts at more modern builds have made me realise I’d got some big holes in my modern bike knowledge! :facepalm:
 
I've just done a 3 month contract in a big bike shop chain as a shop assistant. Some of the shite that went through the workshop was amazing & the techs found it demoralizing. (among other issues). The head tech hates bikes & cyclists, the rest aren't far behind him. Even the most experienced was on barely more than minimum wage. I'd enjoy it in workshop but not sure I'd be fast enough.

However, I know a local independent bike tech who now works from home & is absolutely rammed. His passion for bikes & riding seems undimmed (he's a hell of a rider & his long time participation means he knows a lot of local riders who use his services). Think being your own boss is a difference.

I think sliding into it gradually may be the way to go if liability insurance is viable.
 
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Watching this with interest as it's something I've also been considering recently. I'm currently doing a support role in education so earning f* all already, but there's comfort in a regular salary and I appreciate being able to forget about work when I come home.

I think bringing home 2k a month as a mobile bike mechanic is a challenge, especially if you're planning to earn back the £5 grand you spent on the van. Sounds like a lot of work... but probably not impossible. Personally I'd start out with a £500 estate car and try to keep overheads low!

FWIW I did a City and Guilds bike mechanics course a few years back and it was good. I'd heartily recommend it as IMO having a professional qualification (and the confidence that brings) is worth at least as much as insurance - the thought of being sued is scary but in reality it's probably fairly unlikely - especially if you know what you are doing. I'd definitely want to be covered if I was doing it seriously but I don't know if I'd bother if I was just doing it in my spare time...

It's an interesting one. Probably easier to make money buying and selling but fixing things is more satisfying and I suspect there's plenty of demand if you're in the right location.
 
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