Where in the Byrider franchise agreement can I find details regarding the franchisee's obligations for territorial development and sales quotas?

According to Byrider's 2025 Franchise Disclosure Document, Item 9 provides a table outlining the franchisee's obligations. Specifically, details regarding territorial development and sales quotas can be found in Sections 4.3 and 4.4 of the franchise agreement. Item 12 of the disclosure document also contains information about these obligations.

This means that as a prospective Byrider franchisee, you should carefully review Sections 4.3 and 4.4 of the franchise agreement to fully understand your responsibilities related to developing your assigned territory and meeting sales targets. These sections will likely outline the geographic area you are responsible for, any requirements for opening additional locations, and the specific sales quotas you must achieve to remain in compliance with the franchise agreement.

Understanding these obligations is crucial because failure to meet territorial development or sales quotas could potentially lead to penalties or even termination of the franchise agreement. Therefore, it is essential to discuss these sections with a legal professional and the franchisor to ensure you fully comprehend the requirements and can realistically meet them before signing the agreement.