Tourzy

Tourzy operates a franchise-based business centered on electric bicycle rentals in South Korea. The company provides partners with the necessary equipment, including the electric bicycles, and the operational knowledge required to run a rental business. This model aims to lower the barrier to entry for new business owners, as it eliminates franchise and training fees, requiring partners only to cover the cost of the bicycles.

The business model is designed for straightforward operation, focusing on battery charging and replacement, simple repairs, and the strategic placement of the bicycles to maximize usage. Tourzy supports its franchise partners by offering operational optimization through know-how transfer, various support systems, and continuous communication to maintain service quality. The company also handles customer service, which minimizes the operational burden on its partners.

Keywords: electric bicycle rental, franchise business, micro-mobility, transportation platform, bicycle sharing, Korean market, rental services, business partnership, operational support, customer service, asset-based rental, mobility solutions