table_specific

What was the average annual vehicle sales for Byrider stores in the first quartile?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

4+ Months as of 12/31/2023**

STORE RESULTS BROKEN DOWN INTO QUARTILES

First Quartile = 23 Stores First Quartile Average % Met or Exceed Avg First Quartile Median Second Quartile = 23 Stores Second Quartile Average % Met or Exceed Avg Second Quartile Median
Annual Vehicle Sales6 384 377 Annual Vehicle Sales6 317 298
Sales Revenue2,11 6,692,813 72.46% 47.83% 6,648,663 74.89% Sales Revenue2,11 5,314,054 74.12% 52.17% 5,365,961 77.16%
Finance Revenue3,11 2,543,236 27.54% 43.48% 2,376,279 26.29% Finance Revenue3,11 1,855,939 25.88% 52.17% 1,896,893 27.28%
Total Revenue4,11 9,236,049 100.00% 39.13% 9,030,162 101.19% Total Revenue4,11 7,169,993 100.00% 47.83% 6,954,666 100.00%
Cost of Goods Sold5 5,989,012 64.84% 43.48%

Source: Item 19 — Financial Performance Representations (FDD pages 63–81)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, the average annual vehicle sales for stores in the first quartile varies depending on the number of stores included in that quartile. For the first quartile consisting of 23 stores, the average annual vehicle sales is 384. When the first quartile consists of only 2 stores, the average annual vehicle sales increases to 409.

This difference highlights the potential variability in performance among Byrider franchises and the impact that a small number of outliers can have on average figures. A prospective franchisee should consider these variations and understand the factors that contribute to higher or lower sales volumes.

It is important to note that these figures represent averages and individual store performance may differ significantly. Byrider also provides the median annual vehicle sales for both quartiles, which can offer a more representative measure of typical performance, as it is less influenced by extreme values. For the first quartile of 23 stores, the median is 377 vehicles, while for the first quartile of 2 stores, the median matches the average at 409 vehicles.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.