When are the Additional Training fees due to Byrider?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Name of Fee 1 | Amount | Due Date | Remarks |
|---|---|---|---|
| Penalty for | If underpaid by more than 2%, an amount equal to 3 times the Royalty Fees and/or the Advertising Fees that are due | Upon an audit showing a discrepancy between your books and your royalty payments to Byrider Franchising Partners | See Note 9 below. |
| Underpayment | |||
| of Fees | |||
| Additional | Initial Training Program: $2,500 for | ||
| each employee in addition to Designated Manager Premium Compliance Training: $18 per person/year Other Training Courses: $500- $2,500 per course | When services are rendered or billed annually (premium compliance) | Various courses are offered both in-person and online. Online training via OnTrack is free with the exception of premium compliance content. Premium Compliance Training fee is subject to change based on annual increase or vendor changes, but it will not be increased annually by more than $200.00. See Item 11 for detailed information about training services. | |
| Training | |||
| Recruiting Fees | Bulk Purchase: 6 searches for $10,000 Individual Searches: $1,500 to $2,500 per search | When services are rendered Billed at the initiation of the search | You are able to carry over any unused searches to the first quarter of the following calendar year. This is an optional retained service provided at a discounted rate. Prices are subject to change. See Note 10 below. |
Source: Item 6 — Other Fees (FDD pages 21–32)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, additional training fees are due either when the services are rendered or billed annually, depending on the type of training. Specifically, the initial training program fees of $2,500 for each employee in addition to the Designated Manager and other training courses ranging from $500 to $2,500 per course are due when the services are rendered. Premium Compliance Training fees, which amount to $18 per person per year, are billed annually.
It is important to note that the Premium Compliance Training fee is subject to change based on annual increases or vendor changes. However, Byrider states that this fee will not increase annually by more than $200. The FDD also mentions that online training via OnTrack is free, except for premium compliance content.
Prospective franchisees should carefully consider these training costs and their due dates as part of their overall investment. Understanding the different types of training available and their associated fees will help in budgeting and financial planning. Additionally, franchisees should stay informed about potential changes to the Premium Compliance Training fee to accurately forecast expenses.