Bikers Paradice Inc.

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Bikers Paradice Inc. - overview

Established

1998

Location

Tokyo, -, Japan

Primary Industry

Consumer Services

About

Based in Japan, Bikers Paradice Inc. operates a motorcycle rental service while fostering a vibrant community for motorcycle enthusiasts with a focus on enhancing the touring experience in scenic locations. Bikers Paradice Inc. specializes in providing motorcycle rentals and community engagement for bikers.


Founded in 1998 in Tokyo, Japan, the company completed its most recent funding round on June 6, 2019, when Shizuoka Capital invested for a minority stake. The firm has executed one investment deal to date. Bikers Paradice specializes in creating a community-centered environment for motorcycle enthusiasts, providing various services tailored for bikers. The company operates a rental service for motorcycles, allowing customers to enjoy riding in the scenic areas of Hakone and its surroundings, with a focus on enhancing the touring experience.


Additional offerings include exclusive merchandise and collaborative items, catering to both individual bikers and groups, thereby fostering a sense of belonging and camaraderie among its client base. The services are particularly aimed at local and international bikers visiting Japan, promoting both leisure and community engagement. Revenue generation at Bikers Paradice primarily stems from motorcycle rentals and the sale of branded merchandise. The business follows a direct-to-consumer model, where customers can rent bikes for specific time frames and purchase merchandise on-site.


The rental service is designed to cater to both individual riders and groups, with pricing structured around duration and the model of the motorcycle selected. In addition to rentals, the company engages in community events, which may also contribute to revenue through participation fees and merchandise sales associated with these gatherings. Bikers Paradice emphasizes building relationships with its clientele, fostering repeat business and enhancing customer loyalty through its community-centric approach. Bikers Paradice is focused on expanding its offerings and market reach.


The company plans to introduce new motorcycle models for rent by mid-2024, enhancing their fleet for bike enthusiasts. Furthermore, Bikers Paradice aims to expand its operations into the Osaka region by the end of 2024, targeting a broader audience of motorcycle tourists. The recent investment from Shizuoka Capital in June 2019 will be utilized to support these initiatives, especially in enhancing their rental fleet and marketing efforts in new geographic areas.


Current Investors

Shizuoka Capital

Primary Industry

Consumer Services

Sub Industries

Event Management, Recreational & Entertainment Facilities, Travel & Tourism

Website

www.bipa.jp

Verticals

E-commerce

Company Stage

Mature - Growth Capital

Total Amount Raised

Subscriber access only

Bikers Paradice Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
GrowthCompletedBikers Paradice Inc.-

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