What was the gross mark-up for Byrider stores in the fourth quartile?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
686 | 56.52% | $165,214 | Average Monthly Operating Expenses 36 | $159,927 | 60.87% | $151,437 |
| Third Quartile = 23 Stores | Average | Exceed Avg. | Median | Fourth Quartile = 23 Stores | Average | Exceed Avg. | Median |
|---|---|---|---|---|---|---|---|
| Vehicle Purchase Price 26 | $6,808 | 56.52% | $6,609 | Vehicle Purchase Price 26 | $6,139 | 52.17% | $6,139 |
| Reconditioning Expense 27 | $2,392 | 56.52% | $2,325 | Reconditioning Expense 27 | $2,573 | 52.17% | $2,560 |
| Down Payment (cash/trade/deferred) 28 | $2,430 | 43.48% | $2,322 | Down Payment (cash/trade/deferred) 28 | $2,376 | 47.83% | $2,347 |
| Gross Mark-Up 29 | $6,901 | 52.17% | $6,915 | Gross Mark-Up 29 | $6,807 | 43.48% | $6,578 |
| Installment Contract Amount Financed 32 | $14,878 | 34.78% | $14,503 | Installment Contract Amount Financed 32 | $14,541 | 56.52% | $14,661 |
| Interest Rate 33 |
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 gross mark-up for stores in the fourth quartile is detailed in Item 19. One table shows that for the 23 stores in the fourth quartile, the average gross mark-up was $6,807. Another table shows that for the 25 stores in the fourth quartile, the average gross mark-up was $6,798. The percentage of stores exceeding the average mark-up was 43.48% for the group of 23 stores and 44.00% for the group of 25 stores. The median gross mark-up was $6,578 for both groups.
This information is derived from a subset of Byrider stores and is presented to give prospective franchisees an idea of potential financial performance. However, it is important to note that these figures are averages and medians, and individual store performance may vary significantly. Factors such as location, management skills, and local market conditions can influence a store's gross mark-up.
A prospective franchisee should consider these figures as estimates and conduct their own due diligence, including a thorough review of the FDD and discussions with existing franchisees, to gain a more comprehensive understanding of the potential financial performance of a Byrider franchise. Understanding the factors that drive gross mark-up in different markets is crucial for making an informed investment decision.
It is also important to note the number of stores included in each quartile (23 or 25) as this can affect the reliability and representativeness of the data. A larger sample size generally provides a more accurate reflection of overall performance. Prospective franchisees should inquire about the criteria used to categorize stores into quartiles and how these quartiles are determined.