Does Byrider make any representations regarding the anticipated income, earnings, and growth of the Byrider company or system?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
No representation or statement has been made by the Company or by its officers, directors, shareholders, employees or agents and relied upon by Franchisee regarding the anticipated income, earnings and growth of the Company or of the System, or the viability of the business opportunity being offered hereunder.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Byrider does not make representations or statements regarding the anticipated income, earnings, and growth of the Byrider company or system. The FDD states that prospective franchisees acknowledge that no such representations have been made or relied upon.
This means that Byrider franchisees should not expect to receive any projections or guarantees about the future financial performance of the Byrider company as a whole or the franchise system. Byrider emphasizes that the franchisee's success depends on their own business abilities and efforts, as well as other factors outside of Byrider's control.
This acknowledgement is a standard practice in franchising, as it is difficult to predict the success of a business due to various market conditions and the franchisee's own management. However, the FDD does state that information may be provided in Item 19 of the Franchise Disclosure Document. Item 19 typically contains historical financial performance representations that Byrider franchisees may find useful.