What is the average discount rate for Byrider stores in the third quartile?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
181,257 | 48.00% | $184,794 | Average Monthly Operating Expenses 36 | $160,803 | 60.00% | $150,553 |
| Third Quartile = 25 Stores | Average | Exceed Avg. | Median | Fourth Quartile = 25 Stores | Average | Exceed Avg. | Median |
|---|---|---|---|---|---|---|---|
| Vehicle Purchase Price 26 | $6,832 | 52.00% | $6,672 | Vehicle Purchase Price 26 | $6,132 | 44.00% | $6,139 |
| Reconditioning Expense 27 | $2,385 | 52.00% | $2,381 | Reconditioning Expense 27 | $2,563 | 52.00% | $2,560 |
| Down Payment (cash/trade/deferred) 28 | $2,366 | 44.00% | $2,319 | Down Payment (cash/trade/deferred) 28 | $2,426 | 48.00% | $2,382 |
| Gross Mark-Up 29 | $6,929 | 44.00% | $6,915 | Gross Mark-Up 29 | $6,798 | 44.00% | $6,578 |
| Installment Contract Amount Financed 32 | $14,969 | 36.00% | $14,800 | Installment Contract Amount Financed 32 | $14,453 | 52.00% | $14,542 |
| Interest Rate 33 |
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 discount rate for stores in the third quartile is detailed in Item 19. Based on a sample of 25 stores, the average discount rate is 28.21%. 72% of these stores exceeded this average. The median discount rate for this quartile is 30.00%.
Another sample of 23 stores in the third quartile shows a slightly different average discount rate. For this group, the average discount rate is 27.83%, with 69.57% of stores exceeding this average. The median discount rate remains at 30.00%.
These figures provide prospective Byrider franchisees with an understanding of the discount rates achieved by existing stores in the third quartile. The discount rate is a critical factor in assessing the profitability and financial performance of a Byrider franchise. The difference in averages between the two samples suggests some variability in performance among stores in this quartile, highlighting the importance of considering a range of financial outcomes when evaluating the franchise opportunity.