What factors does Byrider Franchising Partners consider when approving or rejecting a proposed site for a Byrider franchise?

According to the 2025 FDD, Byrider Franchising Partners considers several factors when deciding whether to approve a proposed site for a new Byrider franchise. These factors include the demographics of the location, how accessible the site is, the daily traffic counts in the area, the level of competition from other businesses, the rent and construction costs associated with the site, and whether there is sufficient residential and commercial activity to support the Byrider business.

In practice, this means that prospective Byrider franchisees need to carefully research potential locations and gather data on these factors to present a strong case for their chosen site. They should consider things like population density, average income levels, the presence of complementary businesses, and the visibility and ease of access of the location. High rent or construction costs could make a location less attractive to Byrider, even if other factors are favorable.

Byrider Franchising Partners will provide written notice of approval or disapproval within 30 days after receiving the franchisee's written proposal. If the franchisee does not receive approval or disapproval within 30 days, the location will be considered disapproved, and the franchisee will need to resubmit the site. The franchisee is responsible for finding a suitable site, and Byrider does not typically own or lease the premises to the franchisee. This process highlights the importance of thorough due diligence and communication with Byrider during the site selection process.

Upon written approval of the proposed site, the franchisee will need to execute a lease or purchase agreement with terms approved by Byrider. If leasing, Byrider's approval is conditional on the landlord signing a lease addendum. This ensures Byrider has some control over the lease terms and protects their interests. The site approval process is a critical step in establishing a new Byrider franchise, and franchisees must work closely with Byrider to find a location that meets their criteria.