What is the consequence if a Byrider franchisee does not provide the required notice of opening?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
- 7.4 Opening for Franchisee's Business. The Franchisee shall give the Company at least sixty (60) days prior written notice of the opening of the Franchisee's Business ("Notice of Opening").
If such notice is not given, the Company shall be relieved of its obligation
to provide the assistance in connection with the opening of the Franchisee's Business (provided in Section 6.6 hereof). The Franchisee shall not open the Franchisee's Business until the Company reasonably determines that the construction of and other preparation of the Business Location have been completed in accordance with this Agreement and that the Franchisee's Designated Manager has completed the Company's Initial Training Program. Within three (3) months after opening for business the Franchisee shall prepare and submit for the Company's prior approval a Grand Opening advertising and promotion program for the Franchisee's Business and shall, at the Franchisee's expense, implement such program during the Grand Opening.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, a franchisee must provide the company with at least sixty days prior written notice before opening their Byrider business. This notification is referred to as the "Notice of Opening."
If a Byrider franchisee fails to provide this required notice, Byrider is relieved of its obligation to provide assistance in connection with the opening of the franchisee's business, which is typically outlined in Section 6.6 of the franchise agreement. This assistance likely includes support and guidance during the critical initial phase of launching the new location.
Furthermore, the franchisee is not allowed to open the Byrider business until the company determines that the construction and preparation of the business location are completed according to the agreement, and that the franchisee's Designated Manager has completed the company's Initial Training Program. Within three months of opening, the franchisee must also prepare and submit a Grand Opening advertising and promotion program for Byrider's approval and implement it at their own expense.