What was the average total operating expense 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 Vehicle Sold 10 | -1,173 | -887 |
| Third Quartile Average | % Met or | Third Quartile Median | Fourth Quartile Average | % Met or | Fourth Quartile Median | ||
|---|---|---|---|---|---|---|---|
| 275 | 254 | 225 | 219 | ||||
| 909 | 1,109 | Net Income per Vehicle Sold 10 | -1,173 | -887 |
*Does not include revenue or expenses from related warranty reinsurance and real estate holding companies
TABLE A-3 Results of Byrider Company-Owned Stores in Complete Set
Based on 2 Years (period ending December 31 in 2022 and 2023) of Company-Owned Stores Open 24+ Months as of 12/31/2023
| 8 Franchise Locations | Average | Revenue | Exceed | Median | Revenue | |-----------------------------------------------------------------------------------------------------------|----------------------|------------------|------------------|----------------------|------------------| | Annual Vehicle Sales6 | 309 | | | 320 | | | Sales Revenue2,11 | 5,392,322 | 70.17% | 50.00% | 5,529,445 | 72.51% | | Finance Revenue3,11 | 2,292,276 | 29.83% | 50.00% | 2,191,053 | 28.73% | | Total Revenue4,11 | 7,684,598 | 100.00% | 50.00% | 7,625,909 | 100.00% | | Cost of Goods Sold5 | 4,784,802 | 62.26% | 50.00% | 4,919,318 | 64.51% | | Total Gross Profit7 | 2,899,795 | 37.74% | 50.00% | 2,720,436 | 35.67% | | Total Operating Expense8 | 1,957,137 | 25.47% | 62.50% | 2,045,688 | 26.83% | | *Net Income from Operations (before taxes)9 | 942,659 | 12.27% | 37.50% | 841,477 | 11.03% | | 10 | 3,049 | | | 2,628 | | | Net Income per Vehicle Sold | | | | | | | *does not include revenue or expenses from related warranty reinsurance and real estate holding companies | | | | | |
TABLE A-4
Results of Byrider Company-Owned Stores in Complete Set
Based on 2 Years (period ending December 31 in 2022 and 2023) of Company-Owned Stores Open 24+ Months as of 12/31/2023
STORE RESULTS BROKEN DOWN INTO QUARTILES
| First
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 Total Operating Expense for stores in the fourth quartile was $1,967,782 based on 23 stores, and $1,911,733 based on 25 stores.
These figures represent the average operating expenses for the lowest-performing 25% of Byrider stores included in the financial performance representation. Operating expenses generally include costs such as rent, utilities, salaries, advertising, and other day-to-day costs associated with running the business.
A prospective franchisee should carefully consider these figures and evaluate their own potential operating expenses based on their specific location, market conditions, and business plan. Understanding the factors that contribute to higher or lower operating expenses is crucial for financial planning and success with a Byrider franchise.