How many Byrider franchises were transferred in Massachusetts during 2023?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Column 1 | Column 2 | Column 3 |
|---|---|---|
| State | Year | Number of Transfers |
| Massachusetts | 2021 | 0 |
| 2022 | 0 | |
| 2023 | 1 | |
| Missouri | 2021 | 1 |
| 2022 | 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 was one franchise transfer in Massachusetts during 2023. This information is based on data collected regarding the transfers of outlets from franchisees to new owners, excluding transfers back to Byrider itself.
This indicates that at least one existing Byrider franchise location in Massachusetts changed ownership during that year. Potential franchisees may want to further investigate the reasons behind franchise transfers, as they could be due to various factors such as franchisee retirement, poor performance, or other business-related decisions. Understanding the context of these transfers can provide valuable insights into the stability and health of the Byrider franchise system in specific regions.
It is important to note that this data only reflects transfers to new owners and does not include instances where the franchise was reacquired by Byrider. Reviewing the overall number of transfers in a state, along with the reasons for those transfers, can help a prospective franchisee assess the risks and opportunities associated with investing in a Byrider franchise in that particular area.