How many Byrider franchise agreements were signed in North Carolina, but the outlet was not opened?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Column 2 Franchise Agreements Signed But Outlet Not Opened | Column 3 Projected New Franchised Outlet in 2024 | Projected New Company-Owned Outlet in 2024 |
|---|---|---|---|
| Kentucky | 0 | 0 | 1 |
| North Carolina | 1 | 0 | 0 |
| Ohio | 0 | 0 | 1 |
| Total | 1 | 0 | 2 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 81–87)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, as of the end of 2023, there was one franchise agreement signed in North Carolina for which the outlet had not yet opened. This information is based on data reported by Byrider.
This situation can arise for various reasons, such as delays in site selection, permitting, construction, or franchisee financing. It's important to note that signing a franchise agreement does not guarantee a store will immediately open.
A prospective Byrider franchisee should inquire about the typical timeframe between signing an agreement and opening the store, as well as the support Byrider provides in navigating the pre-opening process. Understanding these factors can help a franchisee better plan their investment and manage expectations.