What was the average finance revenue for Byrider stores in the fourth quartile?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| 3,101 | | | 2,927 | Net Income per Vehicle Sold 10 | 1,740 | | 1,930 | |
| Third Quartile = 23 Stores | Third Quartile Average | % Met or Exceed Avg | Third Quartile Median | Fourth Quartile = 23 Stores | Fourth Quartile Average | % Met or Exceed Avg | Fourth Quartile Median | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Vehicle Sales6 | 275 | 254 | Annual Vehicle Sales6 | 225 | 219 | ||||||
| Sales Revenue2,11 | 4,564,640 | 72.32% | 34.78% | 4,270,290 | 71.77% | Sales Revenue2,11 | 3,873,792 | 74.44% | 47.83% | 3,832,479 | 74.14% |
| Finance Revenue3,11 | 1,747,479 | 27.68% | 43.48% | 1,605,537 | 26.98% | Finance Revenue3,11 | 1,330,239 | 25.56% | 47.83% | 1,239,640 | 23.98% |
| Total Revenue4,11 | 6,312,119 | 100.00% | 34.78% | 5,949,808 | 100.00% | Total Revenue4,11 | 5,204,030 100.00% | 47.83% | 5,169,027 100.00% | ||
| Cost of Goods Sold5 | 4,053,081 | 64.21% | 39.13% | 3,842,016 | 64.57% | Cost of Goods Sold5 | 3,499,836 | 67.25% | 52.17% | 3,559,303 | 68.86% |
| Total Gross Profit7 | 2,259,038 | 35.79% | 34.78% | 2,019,243 | 33.94% | Total Gross Profit7 | 1,704,194 | 32.75% | 47.83% | 1,566,606 | 30.31% |
| Total Operating Expense8 | 2,009,058 | 31.83% | 34.78% | 1,790,371 | 30.09% | Total Operating Expense8 | 1,967,782 | 37.81% | 43.48% | 1,900,212 | 36.76% |
| *Net Income from Operations (before taxes)9 | 249,980 | 3.96% | 65.22% | 281,170 | 4.73% | *Net Income from Operations (before taxes)9 | -263,588 | -5.07% | 56.52% | -193,902 | -3.75% |
| Net Income per Vehicle Sold 10 | 909 | 1,109 | Net Income per |
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 fourth quartile varies depending on the number of stores included in the quartile. In one instance, with 23 stores in the fourth quartile, the average finance revenue is $1,330,239, representing 25.56% of total revenue. In another instance, with 25 stores in the fourth quartile, the average finance revenue is $1,298,466, accounting for 25.51% of total revenue. A third instance, with only 2 stores in the fourth quartile, shows an average finance revenue of $1,479,020, which is 24.53% of the total revenue.
These figures represent the revenue Byrider stores generate from financing services provided to customers. The finance revenue is a significant component of the total revenue, although the percentage can fluctuate slightly depending on the quartile and the number of stores included. The median finance revenue for the fourth quartile also varies, with $1,239,640 for 23 stores and $1,173,473 for 25 stores, indicating that some stores perform above and below the average.
A prospective franchisee should consider these variations and understand that finance revenue can be influenced by factors such as the number of stores in the quartile, local market conditions, and the effectiveness of financing programs. The FDD data provides a range of potential outcomes, highlighting the importance of thorough due diligence and business planning. Understanding the factors that drive finance revenue will be crucial for a franchisee's success with Byrider.