By what date will Byrider notify franchisees in writing of any changes to the royalty fee?

According to Byrider's 2025 Franchise Disclosure Document, Byrider will notify franchisees in writing on or before December 1st of each calendar year regarding any changes to the royalty fee amounts for the following calendar year. This notification applies to increases in the Royalty Fee and the Volume Surcharge, as well as the Monthly Combined Royalty Cap. These increases are tied to the National Consumer Price Index for All Urban Consumers (CPI-U) covering the period from October through September.

This means that Byrider franchisees will receive advance notice of any adjustments to their royalty fee obligations, allowing them to plan their finances accordingly. The use of the CPI-U ensures that any increases are linked to broader economic trends and inflation, providing a degree of predictability.

It is important for prospective franchisees to understand how these potential increases could impact their profitability and to factor them into their financial projections. Franchisees should also confirm that the royalty fee changes are being applied uniformly to all franchisees under the same form of franchise agreement, as stated in the FDD.