How many additional, successive franchise terms can a Byrider franchisee obtain?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Section in | |||
|---|---|---|---|
| Franchise | |||
| Provision | Agreement or | Summary | |
| 1 10 13 10 11 | other | Summary | |
| agreement | |||
| b. | Renewal or extension | Articles 5.2 and | You have the right to obtain three |
| D. | of the Term | 5.3 | additional, successive franchise |
| or the renn | 0.0 | terms of five years each. However, | |
| if Byrider Franchising Partners is | |||
| then still in the business of licensing | |||
| new franchises, you will have the | |||
| right to obtain unlimited successive | |||
| franchises of five-years each, so | |||
| long as you continue to meet the | |||
| qualifications and conditions for | |||
| each renewal term. |
Source: Item 17 — Renewal, Termination, Transfer, and Dispute Resolution (FDD pages 56–63)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, a franchisee has the right to obtain three additional, successive franchise terms, each lasting five years. This means that after the initial franchise term, a franchisee can potentially extend their agreement for another 15 years, provided they meet certain conditions.
However, there is an exception to this rule. If Byrider Franchising Partners is still in the business of licensing new franchises at the time of renewal, the franchisee has the right to obtain unlimited successive franchise terms of five years each. This provides an opportunity for long-term engagement with the Byrider brand, contingent on Byrider's continued franchising activities and the franchisee's ongoing qualifications.
To renew or extend the franchise term, the franchisee must request a successive franchise term, comply with the existing Franchise Agreement, fulfill their financial obligations to Byrider Franchising Partners, and execute the necessary documents. It's important to note that "renewal" involves signing Byrider's then-current franchise agreement for a five-year successor term, which may include materially different terms and fees. This means that the terms of the franchise agreement could change upon renewal, potentially impacting the franchisee's obligations and costs.