Open main menu
Home
Random
Donate
Recent changes
Special pages
Community portal
Preferences
About Stockhub
Disclaimers
Search
User menu
Talk
Contributions
Create account
Log in
Editing
Fox Cycling
(section)
Warning:
You are not logged in. Your IP address will be publicly visible if you make any edits. If you
log in
or
create an account
, your edits will be attributed to your username, along with other benefits.
Anti-spam check. Do
not
fill this in!
== Idea == <vimeo>696933789</vimeo> Fox Cycling offer a solution to a problem experienced by many families - over a third of primary school aged children cannot ride a bike. Founder Steven Fox spent years seeking to understand why, which highlighted two key issues. Many parents fix stabilisers to their child’s bike which we consider inhibits the development of balance. Some parents also buy cheap, heavy bikes, which may have their child’s favourite superhero on but we believe are difficult to ride. Steve evolved the business model into a proprietary process with three stages. Each contributes a separate revenue stream as a child progresses through our learning journey. CycleTots - a group balance bike class for toddlers where they learn the core skills whilst we educate parents on how to get their child riding without stabilisers CycleKids - a one to one coaching session with the goal of getting children riding within the hour Buy A Bike - children can try our fleet of child specific bikes to get the right size with the purchase delivered the following day In 2021, our first full year operating as a franchisor, despite the pilot franchises losing several months of trade due to Covid restrictions, they taught over 300 children to ride, generating nearly £79k in revenue (P&L -£20k). Our long-term vision is to bring Fox Cycling to every community in the UK. The first two franchises successfully commenced trading in 2021.
Summary:
Please note that all contributions to Stockhub may be edited, altered, or removed by other contributors. If you do not want your writing to be edited mercilessly, then do not submit it here.
You are also promising us that you wrote this yourself, or copied it from a public domain or similar free resource (see
Stockhub:Copyrights
for details).
Do not submit copyrighted work without permission!
Cancel
Editing help
(opens in new window)