What is the initial franchise fee for each additional Byrider franchise acquired by a Traditional Franchisee?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
der Franchising Partners. If you have already signed a Franchise Agreement, the initial franchise fee for each additional franchise that you acquire is $35,000 for Traditional Franchisees or $40,000 for Ultra Franchisees. If you are a veteran of the U.S. Armed Forces, your initial franchise fee will be reduce
Source: Item 7 — Estimated Initial Investment (FDD pages 32–36)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, a Traditional Franchisee who has already signed a Franchise Agreement will pay an initial franchise fee of $35,000 for each additional franchise they acquire. This fee is different for Ultra Franchisees, who pay $40,000 for each additional franchise.
It's important to note that the initial franchise fee is refundable if Byrider Franchising Partners receives written notice from the franchisee within 60 days of the Franchise Agreement date, provided the franchisee signs the required general release form. This refund policy applies to the initial franchise fee for the first franchise, as detailed in Item 5 of the FDD.
Prospective franchisees should carefully consider these fees and the conditions for refunds as part of their due diligence. Understanding the financial commitments and refund policies is crucial before signing any agreements with Byrider. Veterans of the U.S. Armed Forces may also be eligible for a reduced initial franchise fee (see Item 5).