What was the average vehicle purchase price at the 8 Byrider franchise locations analyzed in this financial performance representation?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
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 | Exceed Avg. | Median |
|---|
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 vehicle purchase price at the 8 franchise locations analyzed is $5,886. This figure represents the average acquisition price per vehicle placed in inventory. The median vehicle purchase price for these locations was $5,872. 50% of these franchise locations exceeded the average vehicle purchase price.
For a prospective franchisee, this data point indicates the typical cost Byrider franchisees incur to acquire vehicles for their inventory. It's important to consider this cost in conjunction with other expenses, such as reconditioning expenses, to understand the total investment required to prepare a vehicle for sale.
It is important to note that Byrider Franchising Partners will provide written substantiation for this financial information to prospective franchisees upon reasonable request. Byrider also states that individual results may differ, and there is no assurance that a franchisee will earn as much.