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Brompton Bike Hire

Secondary Market

Join the revolution to make cities better. Compact and convenient; folding bikes from £3.50 a day, in locations across the UK.

Target
£3,000,000


Invested
£1,009,125


Min. funding
£2,000,000

£

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Overview

Be part of the Brompton bike hire revolution.   Please register interest by Tracking this opportunity


Brompton's next generation of folding bicycles are faster, lighter and available to hire 


Brompton Bike Hire (‘BBH’) sells and manages a network of Bicycle hiring stations (‘Docks’) designed for the Brompton folding Bicycle. To September 2017 the company has sold 44 Docks to Partners, including councils, train operators and companies. The network has 796 Bicycles and is used by 4,532 active Members across 20 UK cities. BBH manages the operation of the network and Members pay BBH for their annual subscription and to hire the Bicycles. 

BBH is looking to raise Investment in order to prepare the business for international expansion. The money will be used to:
- increase the size of the existing network by installing Docks in strategic locations
- develop the service (technically and in customer experience)
This will bring the network past its critical mass and result in faster future growth and improved profitability. 

The first part of the Investment will be raised privately through Envestors, followed in May by a public raise on Crowdcube (within the same round) allowing Brompton enthusiasts to invest alongside experienced investors. 

Sector:

Consumer / Retail

Country:

United Kingdom

Stage:

Established (substantial revenues, pre-profit)

Minimum Funding:

£2,000,000

Target:

£3,000,000

Offered By:

Shareholder

No. Shares:

20000

Offer Price:

£4.00

Share Type:

Ordinary

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Originator

Originator: Brompton Bike Hire

Contact name: Will Butler-Adams

Investment Focus: Equity, Debt, Property, Secondary Market (i.e. buying shares from existing shareholders), Cryptocurrency

About: The unique Brompton folding bike was designed and built in London in 1975 by Andrew Ritchie in his flat in South Kensington opposite the Brompton Oratory. Still made in London today, Brompton is making over 45,000 bikes per year and is the UK’s largest bike manufacturer. Read more about our history

Up to 100

Experienced investors

Over £100m

Funding raised

ABOUT

The unique Brompton folding bike was designed and built in London in 1975 by Andrew Ritchie in his flat in South Kensington opposite the Brompton Oratory. Still made in London today, Brompton is making over 45,000 bikes per year and is the UK’s largest bike manufacturer. Read more about our history

FURTHER INFORMATION

DisclaimerPrivacy PolicyRisk Warning

IMPORTANT INFORMATION

The content of this webpage should not be construed as financial advice. Any decision to invest should be made only on the basis of the relevant documentation for each investment. Past performance is not necessarily a guide to future performance. The value of an investment may go down as well as up and investors may not get back the full amount invested. Investments in small unquoted companies carry an above-average level of risk. These investments are highly illiquid and as such, there may not be a readily available market to sell such an investment. Brompton Bike Hire does not provide specific individual advice on the suitability of investments with regard to a potential investor's individual circumstances, risk tolerance or investment objectives and investors should seek independent financial advice if they are in any doubt whether a product is suitable for them.Please click here to see the full Risk Warning.

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