this post was submitted on 20 Dec 2023
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Technology
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I can't believe people were buying into their "franchise". They approached me in 2020 when they were trying to expand into the town I live and I had a downtown warehouse to operate out of. After they got done explaining everything, I laughed until they hung up.
You had to buy the scooters from them at around $600 each, you were responsible for all the recovery/batteries/maintenance/damage/theft caused by customers, warranty was non-existent ("call our chinese supplier and they will totally hook you up"), and after that they took 20% off the top. Some quick math put it at over 6 months before each scooter became profitable IF nothing happened to it in that time. Someone throws it in the canal just to be a dick? Sucks to be you, you're out $600 + whatever else you've put into it every time it happens.
Really came off to me that they were making their money selling to suckers who thought they were going to be entrepreneurs.
Edit: They did apparently did get someone here into it because I saw them around for a few months before disappearing completely.