At the end of 2023, how many Byrider outlets were operating in Mississippi?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
---------------------------|------------------------------------------------|-------------------------------------| | State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Opera- tions- Other Reasons | Outlets at End of the Year | | Alabama | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Arizona | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 81–87)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, there were 2 Byrider outlets operating in Mississippi at the end of 2023. The table provided in Item 20 of the FDD outlines the changes in the number of franchise outlets across different states from 2021 to 2023. This includes details on outlets that opened, terminated, were not renewed, or ceased operations for other reasons.
For a prospective franchisee, this information is useful for understanding the historical performance and stability of Byrider franchises in specific states. The consistent number of outlets in Mississippi over the three-year period suggests a stable market presence. However, it's important to note that stability doesn't necessarily equate to high performance or profitability.
It is important for potential franchisees to further investigate the reasons behind these numbers. Understanding why no new outlets opened and why none closed can provide valuable insights into the market dynamics and potential challenges or opportunities in Mississippi. This information, combined with other factors like market demographics and local competition, can help in making an informed investment decision.