Does the Byrider franchise agreement allow for successive franchise terms?

According to Byrider's 2025 Franchise Disclosure Document, franchisees have the option to renew their franchise agreement for additional terms. Specifically, a Byrider franchisee has the right to obtain three additional, successive franchise terms, each lasting five years. This allows for a potential total franchise term of the initial term plus 15 additional years, providing long-term stability for the franchisee.

However, the FDD also states that if Byrider Franchising Partners is still in the business of licensing new franchises, the franchisee has the right to obtain unlimited successive franchises of five-years each. This is as long as the franchisee continues to meet the qualifications and conditions for each renewal term. This clause provides an opportunity for franchisees to continue operating their Byrider business indefinitely, contingent on the franchisor's continued franchising activities and the franchisee's compliance with the agreement.

To renew, a Byrider franchisee must request a successive franchise term, comply with the existing Franchise Agreement, fulfill all financial obligations to Byrider Franchising Partners, and execute the necessary renewal documents. Importantly, the "renewal" involves signing Byrider's then-current franchise agreement, which may contain materially different terms and fees compared to the original agreement. This means that franchisees need to be prepared for potential changes in the franchise terms upon renewal, which could impact their business operations and profitability.