What is the Byrider licensee's payment deadline for on-site assistance invoices?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
If Licensee requests on-site assistance from Licensor, and Licensor agrees that such on-site assistance is reasonably necessary, Licensee will additionally pay Licensor's travel, the then current Custom Support Fee charged by Licensor, and other related business expenses actually incurred in the performance of such services.
These expenses will be invoiced separately other fees, and payment shall be due in full from Licensee within thirty (30) days of the date of invoice.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to the 2025 Byrider Franchise Disclosure Document, if a licensee requests and receives on-site assistance from Byrider, the licensee is responsible for covering Byrider's travel expenses, the Custom Support Fee, and other related business expenses. These charges are invoiced separately from other fees.
The payment for these on-site assistance invoices is due in full within thirty (30) days from the invoice date. This means a Byrider franchisee needs to ensure timely payment to avoid any potential issues or disruptions in service.
It's important for prospective Byrider franchisees to factor in these potential on-site assistance costs and payment terms into their financial planning. Understanding the payment deadlines helps in managing cash flow and maintaining a good relationship with Byrider.