Does Byrider Franchising Partners typically own or lease the premises to Byrider franchisees?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
You are responsible for acquiring a suitable site for your Business. Byrider Franchising Partners does not typically own or lease the premises to you. (Franchise Agreement - Article 6.4)
Upon the written approval of the proposed Business location, you will execute a lease (if the Business location is to be leased) or a binding agreement to purchase the site, with terms that have been approved by Byrider Franchising Partners. Byrider Franchising Partners' approval of the lease will be conditioned upon execution of the lease addendum attached as Exhibit G to the Franchise Agreement by you and the landlord.
Source: Item 11 — (FDD pages 42–50)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Byrider Franchising Partners does not typically own or lease the premises for the franchisee's Business. The franchisee is responsible for acquiring a suitable site.
Before opening, the franchisee must select a site and submit it to Byrider Franchising Partners for approval. Byrider Franchising Partners will assess the location based on factors such as demographics, accessibility, traffic, competition, rent, construction costs, and the area's commercial and residential support. Byrider Franchising Partners will provide written notice of approval or disapproval within 30 days of receiving the written proposal. Failure to receive approval or disapproval within 30 days means the location is considered disapproved, and the franchisee must resubmit the site.
Upon written approval of the site, the franchisee must execute a lease (if leasing) or a binding agreement to purchase the site, with terms approved by Byrider Franchising Partners. If leasing, Byrider Franchising Partners' approval is conditional upon the franchisee and landlord executing a lease addendum.