What is the estimated range for furniture, fixtures, and equipment for a Byrider franchise?
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 |
| months) (3) | $60,000 | |||
| Furniture, Fixtures and Equipment (4)* | $1,500- $50,000 | As arranged | Lump sums |
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 initial investment for furniture, fixtures, and equipment ranges from $1,500 to $50,000. This range accounts for the costs associated with furnishing both the sales and CNAC finance offices, including items like office decorations, copy machines, fax machines, and other customary office supplies. The lower end of the estimate assumes that a franchisee will lease all office furniture and equipment, while the higher end represents the full purchase price of these items.
The decision to lease or purchase furniture, fixtures, and equipment is a business decision that each Byrider franchisee must make based on their financial resources and financing arrangements. Byrider Franchising Partners may offer assistance and advice on financing options with third parties, but they are not obligated to do so. The availability of financing will depend on factors such as the franchisee's creditworthiness.
It is important to note that all amounts reflected in Item 7 of the FDD, which includes the furniture, fixtures, and equipment costs, are generally non-refundable unless a franchisee can negotiate a refund with the specific supplier. Therefore, prospective franchisees should carefully consider their options and financial situation before making any decisions regarding leasing or purchasing these items.