factual

What is the initial franchise fee for a Byrider franchise?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

Expenditures Estimated Amount or Estimated Low-High Range* When Payable Method of Payment To Whom Paid
Initial $60,000 Upon Execution of Lump sum Byrider
Franchise Fee Franchise Franchising
(1) Agreement Partners

Explanatory Notes (The following numbered items correspond to the numbered items in the chart above.)

    1. The initial franchise fee is refundable if Byrider Franchising Partners receives written notice from you within 60 days from the date of the Franchise Agreement and you sign the form of general release required by Byrider 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 reduced by $10,000 (see Item 5).

Source: Item 7 — Estimated Initial Investment (FDD pages 32–36)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, the initial franchise fee is $60,000. This fee is paid in a lump sum when the Franchise Agreement is executed and is payable to Byrider Franchising Partners.

It is important to note that if a franchisee provides written notice to Byrider Franchising Partners within 60 days from the date of the Franchise Agreement and signs the required general release form, the initial franchise fee is refundable. Additionally, for each additional franchise acquired after signing the initial Franchise Agreement, the initial franchise fee is $35,000 for Traditional Franchisees or $40,000 for Ultra Franchisees. Veterans of the U.S. Armed Forces may also be eligible for a $10,000 reduction in the initial franchise fee.

Prospective franchisees should carefully consider these factors and consult with Byrider Franchising Partners to understand the specific requirements and conditions related to the initial franchise fee and potential refunds or discounts.

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.