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If a Byrider franchisee meets all qualifications and conditions for renewal, is Byrider Franchising Partners obligated to grant the renewal?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

| | Provision | Articles 5.2 and | You have the right to obtain three | | D. | of the Term | 5.3 | additional, successive franchise | | | or the renn | 0.0 | terms of five years each. However, | | | | | if Byrider Franchising Partners is | | | | | then still in the business of licensing | | | | | new franchises, you will have the | | | | | right to obtain unlimited successive | | | | | franchises of five-years each, so | | | | | long as you continue to meet the | | | | | qualifications and conditions for | | | | | each renewal term. | | C. | Requirements for you | Article 5.2 | Requirements include a request to | | | to renew or extend | | obtain successive franchise term, | | | | | compliance with the Franchise | | | | | Agreement and with your financial | | | | | obligations to Byrider Franchising | | | | | Partners, execution of proper | | | | | documents. "Renewal" means | | | | | signing our then current franchise | | | | | agreement for a five-year successor | | | | | franchise term, which could contain | | | | | materially different terms (including | | | Toursingstion | A | fees). |

Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 56–63)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, a franchisee has the right to obtain three additional, successive franchise terms of five years each, provided Byrider Franchising Partners is still licensing new franchises. If Byrider is still in the business of licensing new franchises, the franchisee has the right to obtain unlimited successive franchises of five-years each, as long as the franchisee continues to meet the qualifications and conditions for each renewal term.

To renew the franchise, the franchisee must request to obtain a successive franchise term, comply with the Franchise Agreement, fulfill their financial obligations to Byrider Franchising Partners, and execute the proper documents. The renewal process involves signing Byrider's then-current franchise agreement for a five-year successor franchise term, which may include materially different terms and fees.

This means that while Byrider franchisees have the option to renew their franchise agreement for additional terms, the terms of the renewed agreement could be different from the original agreement. These differences could include increased fees or other modified obligations. Therefore, franchisees should carefully review the new franchise agreement before signing to ensure they understand the updated terms and conditions.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.