How many Byrider outlets were operating in Massachusetts at the end of 2023?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | | Maryland | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 |
| 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 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 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 2 Byrider outlets operating in Massachusetts at the end of 2023. The FDD provides a table that tracks the number of franchise outlets by state over a three-year period. In Massachusetts, there were 2 outlets at the start of 2023, 1 outlet opened, 1 termination, resulting in 2 outlets at the end of the year.
It is important to note the changes in outlet numbers from year to year. In Massachusetts, the number of Byrider outlets decreased from 3 in 2021 to 2 in 2022, and remained at 2 in 2023. This could indicate market challenges or other factors affecting the franchise's performance in the state. A prospective franchisee should investigate the reasons behind these changes and assess the potential risks and opportunities in the Massachusetts market.
Monitoring the opening, termination, and transfer activities can provide insights into the stability and growth potential of the Byrider franchise system in specific regions. Reviewing the list of franchisees who left the system, as detailed in Exhibit H, might offer additional context, although it does not specify the reasons for leaving beyond categories like 'Terminated' or 'Not Renewed'.