What is the initial franchise fee for the first Byrider franchise?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Required Franchises | Opening Date | City Location* |
|---|---|---|
| 1st franchise: | Within 1 year after the date of this Area Development Agreement | Within Exclusive Development Area |
| 2nd franchise: | Within 3 years after 1st franchise opening date | Within Exclusive Development Area |
| 3rd franchise: | Within 2 years after 2nd franchise opening date | Within Exclusive Development Area |
| 4th franchise: | Within 2 years after 3rd fr |
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the initial franchise fee for the first franchise is $60,000. This fee is payable upon the execution of the Franchise Agreement. However, the FDD also indicates that this fee may be reduced to $50,000 for qualified veterans under the Veteran Discount Addendum.
The initial franchise fee is generally non-refundable, but Byrider offers a rescission period. If a franchisee provides written notice of their desire to rescind the agreement within 60 days after execution, the initial fee may be refundable. This is a limited exception, and in all other circumstances, the fee is non-refundable.
Byrider uses the initial franchise fee to cover costs associated with site review and approval, sales, legal compliance, salaries, general administrative expenses, and profits. This is a common practice in franchising, as the initial fee helps the franchisor offset the expenses of onboarding a new franchisee and providing initial support.