What was the average cost of goods sold for Byrider stores in the second quartile?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| First Quartile = 2 Stores | First Quartile Average | % Met or Exceed Avg | First Quartile Median | Second Quartile = 2 Stores | Second Quartile Average | % Met or Exceed Avg | Second Quartile Median | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Vehicle Sales6 | 409 | 409 | Annual Vehicle Sales6 | 341 | 341 | ||||||
| Sales Revenue2,11 | 7,444,965 | 69.34% | 50.00% | 7,444,965 | 74.89% | Sales Revenue2,11 | 5,810,301 | 70.07% | 50.00% | 5,810,301 | 70.07% |
| Finance Revenue3,11 | 3,292,561 | 30.66% | 50.00% | 3,292,561 | 26.29% | Finance Revenue3,11 | 2,482,362 | 29.93% | 50.00% | 2,482,362 | 29.93% |
| Total Revenue4,11 | 10,737,526 | 100.00% | 50.00% | 10,737,526 | 101.19% | Total Revenue4,11 | 8,292,663 100.00% | 50.00% | 8,292,663 100.00% | ||
| Cost of Goods Sold5 | 6,592,851 | 61.40% | 50.00% | 6,592,851 | 67.84% | Cost of Goods Sold5 | 5,144,648 | 62.04% | 50.00% | 5,144,648 | 62.04% |
| Total Gross Profit7 | 4,144,675 | 38.60% | 50.00% | 4,144,675 | 32.07% | Total Gross Profit7 | 3,148,015 | 37.96% | 50.00% | 3,148,015 | 37.96% |
| Total Operating Expense8 | 2,298,579 | 21.41% | 50.00% | 2,298,579 | 18.07% | Total Operating Expense8 | 2,091,649 | 25.22% | 50.00% | 2,091,649 | 25.22% |
| *Net Income from Operations (before taxes)9 | 1,846,096 | 17.19% | 50.00% | 1,846,096 | 14.39% | *Net Income from Operations (before taxes)9 | 1,056,366 | 12.74% | 50.00% | 1,056,366 | 12.74% |
| Net Income per Vehicle Sold 10 | 4,511 | 4,511 | Net Income per Vehicle Sold 10 | 3,102 | 3,102 |
| 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 | | |-------------------------------------------------------------------------|----------------らっしゃる|------------------|------------------------|--------------------------|------------------|-------------------------------------------------------------------------|----------------------------|-----------------|------------------------|---------------------------|-----------------| | 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 | |
| First Quartile = 25 Stores | First Quartile Average | % Met or Exceed Avg | First Quartile Median | Second Quartile = 25 Stores | Second Quartile Average | % Met or Exceed Avg | Second Quartile Median | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Vehicle Sales6 | 387 | 377 | Annual Vehicle Sales6 | 312 | 298 | ||||||
| Sales Revenue2,11 | 6,805,906 | 71.91% | 48.00% | 6,698,856 | 74.89% | Sales Revenue2,11 | 5,217,681 | 73.60% | 52.00% | 5,307,469 | 76.32% |
| Finance Revenue3,11 | 2,658,688 | 28.09% | 48.00% | 2,541,467 | 26.29% | Finance Revenue3,11 | 1,871,091 | 26.40% | 48.00% | 1,747,149 | 25.12% |
| Total Revenue4,11 | 9,464,594 | 100.00% | 44.00% | 9,190,129 | 101.19% | Total Revenue4,11 | 7,088,772 100.00% | 48.00% | 6,954,666 100.00% | ||
| Cost of Goods Sold5 | 6,097,281 | 64.42% | 44.00% | 5,967,833 | 67.84% | Cost of Goods Sold5 | 4,608,086 | 65.01% | 52.00% | 4,677,851 | 67.26% |
| Total Gross Profit7 | 3,367,314 | 35.58% | 40.00% | 3,168,721 | 32.07% | Total Gross Profit7 | 2,480,686 | 34.99% | 36.00% | 2,373,537 | 34.13% |
| Total Operating Expense8 | 2,095,272 | 22.14% | 48.00% | 2,068,291 | 18.07% | Total Operating Expense8 | 1,891,161 | 26.68% | 40.00% | 1,683,037 | 24.20% |
| *Net Income from Operations (before taxes)9 | 1,272,041 | 13.44% | 48.00% | 1,257,180 | 14.39% | *Net Income from Operations (before taxes)9 | 589,525 | 8.32% | 52.00% | 607,581 | 8.74% |
| Net Income per Vehicle Sold 10 | 3,287 | 3,339 | Net Income per Vehicle Sold 10 | 1,887 | 2,039 |
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 cost of goods sold for stores in the second quartile is detailed in Item 19. There are two different tables provided that show financial performance representations. One table shows that for the second quartile, which is comprised of 2 stores, the average cost of goods sold is $5,144,648, representing 62.04% of total revenue.
Another table in Item 19 shows that for the second quartile, which is comprised of 23 stores, the average cost of goods sold is $4,740,120, representing 66.11% of total revenue.
Finally, a third table in Item 19 shows that for the second quartile, which is comprised of 25 stores, the average cost of goods sold is $4,608,086, representing 65.01% of total revenue. These figures provide prospective franchisees with an idea of the expenses Byrider franchisees incur to acquire and prepare vehicles for sale.