Where in the Byrider FDD can I find details regarding the company's site approval process?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
- 6.4 Company's Site Approval. The Franchisee is responsible for purchasing or leasing a suitable site for the Franchisee's Business. Prior to the acquisition by lease or purchase of any such site, the Franchisee shall submit a description of the proposed site and other requested information to the Company together with a letter of intent or other evidence satisfactory to the Company that confirms the Franchisee's favorable prospects for obtaining the proposed site. The Company will provide the Franchisee with written notice of approval or disapproval of the proposed site within thirty (30) days after receiving the Franchisee's written proposal. The Company's approval of the site is subject to the provisions of Section 7.1 of this Agreement. The Company's approval will not be unreasonably withheld. The Company will provide the Franchisee with a written explanation in the event it disapproves a site.
- 6.5 Company Approval of Business Location. If the Business Location has been completed in accordance with the Company's requirements and the Designated Manager has satisfactorily completed the Company's Initial Training Program, then the Company shall approve the Business Location for opening.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, details regarding the company's site approval process can be found in Section 6.4, titled "Company's Site Approval." This section outlines the franchisee's responsibility for securing a suitable site for their Byrider business.
Prior to purchasing or leasing a site, the franchisee must submit a description of the proposed location and any other information requested to Byrider, along with a letter of intent or other evidence that confirms the franchisee's favorable prospects for obtaining the site. Byrider will then provide written notice of approval or disapproval within 30 days of receiving the franchisee's written proposal.
The FDD states that Byrider's approval of the site is subject to the provisions of Section 7.1 of the Franchise Agreement, and that Byrider's approval will not be unreasonably withheld. In the event that Byrider disapproves a site, they will provide the franchisee with a written explanation. Additionally, Section 6.5 states that Byrider must approve the business location for opening if it has been completed according to the company's requirements and the Designated Manager has satisfactorily completed the company's Initial Training Program.