factual

Besides Item 19 of the FDD, are there any other representations regarding profits of the Byrider franchise that the franchisee can rely on?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

  • 2.3 No Representations Regarding Profits of the Franchise. No representations have been made by the Company or by its officers, directors, shareholders, employees or agents, and relied upon by the Franchisee as to future or past income, expenses, sales volume or potential profitability, earnings or income of the business franchised hereby, or any other franchisee, other than information provided in Item 19 of the Company's Franchise Disclosure Document.

Source: Item 23 — Receipts (FDD pages 88–335)

What This Means (2025 FDD)

According to the 2025 Byrider Franchise Disclosure Document, prospective franchisees cannot rely on any representations regarding potential profitability outside of Item 19. Byrider explicitly states that no representations regarding future or past income, expenses, sales volume, potential profitability, earnings, or income have been made by the company or its representatives, except for the information provided in Item 19 of the FDD.

This acknowledgment is further reinforced in Exhibit E, the Disclosure Acknowledgment Statement, where Byrider aims to confirm that franchisees understand the purchase of a Byrider franchise is a business decision with associated risks and that franchisees are not relying on any unauthorized oral statements, representations, promises, or assurances made during negotiations. This underscores the importance of relying solely on the documented information within the FDD, particularly Item 19, for any financial performance representations.

Prospective franchisees should be aware that Byrider emphasizes the business risks involved in franchising, noting that success depends on various factors, including the franchisee's skills, effort, competition, and economic conditions. Therefore, it is crucial for potential franchisees to conduct their own independent investigation, seek professional advice, and carefully review the FDD, as they are undertaking the business risks associated with the franchise.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.