What is the estimated low-end amount for Byrider's rent for 3 months?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
- SINGLE BYRIDER BUSINESS
| Expenditures | Estimated Amount or Estimated Low-High Range* | When Payable | Method of Payment | To Whom Paid |
|---|---|---|---|---|
| Initial | $60,000 | Upon Execution of | Lump sum | Byrider |
| Franchise Fee | Franchise | Franchising | ||
| (1) | Agreement | Partners | ||
| Starter Kit (2) | $0- $2,500 | As arranged | Lump sums as incurred | Approved suppliers |
| Rent (3 | $30,000- | As arranged | Lump sum | Suppliers |
| mon |
Source: Item 7 — Estimated Initial Investment (FDD pages 32–36)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the estimated low-end amount for rent for 3 months is $30,000. The FDD notes that this figure is an estimate, and actual rental costs can vary significantly based on factors such as the size and location of the premises, local real estate market conditions, and the franchisee's negotiation skills.
The FDD specifies that the ideal property size for a Byrider store is approximately 1.5 to 2 acres, with the building itself typically ranging from 3,500 to 6,000 square feet. The estimated rental cost is based on $26-$30 per square foot per year. Prospective franchisees should be aware that some landlords may also require additional security deposits or rental payments upon signing the lease agreement, which are not included in the estimated range.
Given the variability in rental costs, Byrider advises potential franchisees to carefully investigate and evaluate all potential costs associated with a particular franchise location. The actual amounts paid under lease agreements will depend on factors such as the store's size, charges allocated to tenants, the franchisee's negotiation abilities, and prevailing rental rates in the specific geographic region. Therefore, the $30,000 figure should be considered a starting point for due diligence, not a guaranteed expense.