What is the average number of units sold for Byrider franchises in the first 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 first quartile is 384 vehicles. This data is based on a two-year average from 2022 and 2023 for franchisee-owned stores that had been open for at least 24 months as of December 31, 2023. The first quartile represents the lowest-performing 25% of Byrider franchise locations. There are 23 stores in the first quartile. The median number of vehicles sold in the first quartile is 377.
For a prospective franchisee, this means that if their Byrider store falls within the first quartile, they can expect to sell around 384 vehicles per year on average. However, it's important to note that this is just an average, and individual store performance can vary. The median of 377 suggests that half of the stores in the first quartile sold fewer than 377 vehicles, and half sold more.
It is important to consider that the Byrider FDD provides additional financial performance metrics beyond just the number of vehicles sold, such as sales revenue, finance revenue, and net income. Reviewing these figures in combination with the vehicle sales data can provide a more comprehensive understanding of the potential financial performance of a Byrider franchise. Prospective franchisees should also inquire about the factors that contribute to the success of higher-performing stores and the challenges faced by those in the lower quartiles.