Is the Assignee required to complete the Initial Training Program when assuming a Byrider franchise, and are there any exceptions?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
- (7) The Assignee, or Designated Manager designated by the Assignee, shall have satisfactorily completed the Initial Training Program then required of all new franchisees of the Company, and paid the then-current training fee being charged by the Company in connection with all such transfers, unless such training is waived by the Company, in writing, because of the Assignee's prior experience or training;
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to the 2025 Byrider Franchise Disclosure Document, if a franchisee transfers their franchise to an assignee, the assignee or their designated manager must satisfactorily complete Byrider's Initial Training Program. The assignee must also pay the then-current training fee, which Byrider charges for all such transfers.
However, Byrider may waive this training requirement in writing if the assignee has prior experience or training that the company deems sufficient. This waiver is at Byrider's discretion, and it must be documented in writing to be valid.
Therefore, a prospective Byrider franchisee who plans to transfer their franchise in the future should understand that the assignee will likely need to undergo training and pay a training fee unless Byrider provides a written waiver due to the assignee's existing qualifications. This requirement ensures that the new operator is properly trained in Byrider's system and standards, but it also adds a potential cost and time commitment for the assignee.