When did Byrider Franchising Partners acquire the assets of Byrider Franchising, LLC?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
Byrider Franchising Partners is a Delaware limited liability company, formed on August 5, 2024. On September 5, 2024, Byrider Franchising Partners acquired substantially all the assets of Byrider Franchising, LLC, an Indiana limited liability company (referred to in this document as "predecessor" or "Byrider Franchising"), and became the franchisor of the Byrider franchise program. Byrider Franchising Partners' immediate parent company is Byrider Enterprise Partners, LLC and its ultimate parent company is Byrider Investment Partners, LLC. Byrider Franchising Partners and its immediate and ultimate parent companies maintain their principal business address at 12802 Hamilton Crossing Blvd., Carmel, Indiana, 46032.
Source: Item 1 — (FDD pages 11–13)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Byrider Franchising Partners, LLC acquired substantially all of the assets of Byrider Franchising, LLC on September 5, 2024. This acquisition made Byrider Franchising Partners the franchisor of the Byrider franchise program. Byrider Franchising Partners was formed as a Delaware limited liability company on August 5, 2024, just one month prior to the asset acquisition.
This information is important for prospective franchisees as it clarifies the current structure of the Byrider franchise system. Franchisees entering into an agreement with Byrider will be contracting with Byrider Franchising Partners, LLC, and understanding the timeline of the company's formation and acquisition helps establish its position as the current franchisor.
It's also relevant to note that Byrider Franchising Partners' predecessor, Byrider Franchising, offered Byrider franchises from May 1989 until September 2024. This indicates a long history of the Byrider franchise model, even though the current franchising entity is relatively new. The FDD also mentions Byrider Sales of Indiana S, LLC and Byrider Finance, LLC, which operated Byrider franchises from 1995 until 2024, further illustrating the evolution of the Byrider system.