What was the average finance revenue for Byrider stores in the first quartile?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 finance revenue for stores in the first quartile is $2,658,688. This figure represents the average revenue generated from financing activities for the 25 stores that constitute the top 25% of performers in the Byrider system. This revenue accounts for 28.09% of the total revenue for these stores.
For a prospective franchisee, this indicates the potential financial performance that can be achieved by a Byrider store in the first quartile. It's important to note that 48% of the stores in this quartile met or exceeded this average, suggesting that while this is an average, many stores performed even better. The median finance revenue for this quartile was $2,541,467, which is slightly lower than the average, indicating that some high-performing stores are pulling the average upward.
This information is valuable for understanding the revenue streams of a Byrider franchise, with finance revenue being a significant component. A prospective franchisee should consider factors such as location, market conditions, and operational efficiency to assess the likelihood of achieving similar results. It is also important to compare these figures with the performance of stores in other quartiles to understand the range of potential outcomes.