How many Byrider franchises in Rhode Island were not renewed in 2023?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 | Col. 2 | Col. 3 | Col. 4 | Col. 5 | Col. 6 | Col. 7 | Col. 8 | Col. 9 |
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Opera- tions- Other Reasons | Outlets at End of the Year |
| 2022 | 11 | 0 | 1 | 0 | 0 | 0 | 10 | |
| 2023 | 10 | 0 | 2 | 0 | 0 | 0 | 8 | |
| Rhode Island | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 1 | 0 | 0 | 0 | 0 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 81–87)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, there were no Byrider franchises in Rhode Island that were not renewed during 2023. The provided table in Item 20 outlines outlet information by state, year, and changes in outlet numbers.
Specifically, for Rhode Island in 2023, the table shows that there was 1 outlet at the start of the year, 0 outlets opened, 1 termination, and 0 non-renewals. This indicates that while one franchise was terminated, none were simply not renewed by Byrider. The franchise outlet number went from 1 to 0 during 2023.
It is important to note the distinction between a termination and a non-renewal. A termination typically implies some form of default or violation of the franchise agreement, whereas a non-renewal simply means the agreement expired and was not extended. For prospective Byrider franchisees, understanding these distinctions and the reasons behind franchise terminations and non-renewals is crucial for assessing the stability and potential risks associated with the franchise system.