What is the fourth quartile average net income per vehicle sold at Byrider?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
erations (before taxes)9 | -263,588 | -5.07% | 56.52% | -193,902 | -3.75% | | Net Income per Vehicle Sold 10 | 909 | | | 1,109 | | Net Income per Vehicle Sold 10 | -1,173 | | | -887 | |
| Third Quartile Average | % Met or | Third Quartile Median | Fourth Quartile Average | % Met or | Fourth Quartile Median | ||
|---|---|---|---|---|---|---|---|
| 275 | 254 | 225 | 219 | ||||
Source: Item 19 — Financial Performance Representations (FDD pages 63–81)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the average net income per vehicle sold for stores in the fourth quartile is reported in multiple tables, with varying results depending on the number of stores included in the quartile. In one instance, with 23 stores in the fourth quartile, the average net income per vehicle sold is reported as $-1,173. Another table, with only 2 stores in the fourth quartile, shows an average net income per vehicle sold of $744. A third table, with 25 stores in the fourth quartile, indicates an average net income per vehicle sold of $-1,105.
These figures represent the net income a Byrider franchisee can expect to earn (or lose) on average for each vehicle sold within the specified quartile. The net income is calculated before taxes. It's important to note the significant variation in net income per vehicle sold between the different quartiles and store groupings, highlighting the potential impact of store performance on profitability.
The negative net income per vehicle sold in some quartiles suggests that, on average, stores in those quartiles are experiencing losses when considering all associated costs. Conversely, the positive net income per vehicle sold in other quartiles indicates profitability. A prospective franchisee should carefully analyze the factors contributing to these differences, such as location, operational efficiency, and market conditions, to assess their potential for success.
Given the wide range of outcomes presented, a potential Byrider franchisee should investigate further to understand the reasons behind the discrepancies in net income per vehicle sold across different quartiles. Understanding these factors is crucial for developing a sound business plan and making informed decisions about investing in a Byrider franchise.