What was the average annual vehicle sales for Byrider stores in the second quartile?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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% | 5,955,899 | 67.84% | Cost of Goods Sold5 | 4,740,120 | 66.11% | 69.57% | 4,752,350 | 68.33% |
| Total Gross Profit7 | 3,247,037 | 35.16% | 34.78% | 3,081,579 | 32.07% | Total Gross Profit7 | 2,429,874 | 33.89% | 39.13% | 2,352,981 | 33.83% |
| Total Operating Expense8 | 2,055,025 | 22.25% | 43.48% | 1,929,600 | 18.07% | Total Operating Expense8 | 1,878,383 | 26.20% | 39.13% | 1,782,494 | 25.63% |
| *Net Income from Operations (before taxes)9 | 1,192,012 | 12.91% | 43.48% | 1,101,989 | 14.39% | *Net Income from Operations (before taxes)9 | 551,490 | 7.69% | 56.52% | 575,209 | 8.27% |
| Net Income per Vehicle Sold 10 | 3,101 | 2,927 | Net Income per Vehicle Sold 10 | 1,740 | 1,930 |
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 second quartile is 317 vehicles, based on a sample of 23 stores. This means that, on average, Byrider stores in the second quartile sold 317 vehicles per year. However, it is important to note that 52.17% of these stores met or exceeded this average, indicating a variation in performance among stores within this quartile. The median annual vehicle sales for the second quartile is 298, which is slightly lower than the average, suggesting that some stores may have significantly higher sales that skew the average upward.
For a prospective franchisee, this information provides a benchmark for expected vehicle sales in the second quartile. Understanding the average and median sales figures can help in assessing the potential revenue and profitability of a Byrider franchise. However, it is crucial to recognize that these are averages and individual store performance can vary based on factors such as location, management, and local market conditions.
The FDD also provides data for other quartiles, allowing for a comparison of sales performance across different groups of stores. For instance, the first quartile stores reported an average of 384 annual vehicle sales, while the third and fourth quartiles reported lower averages of 218 and 269 respectively. This comparison highlights the range of performance within the Byrider franchise system and underscores the importance of understanding the factors that contribute to success in different market segments.
It is important for potential franchisees to consider these figures as estimates and conduct their own due diligence to determine the potential performance of a Byrider franchise in their specific market. Factors such as local competition, economic conditions, and the franchisee's management capabilities can all impact actual sales figures. Reviewing the performance data in conjunction with other information in the FDD and conducting thorough market research is essential for making an informed investment decision.