How many Byrider outlets were operating in Michigan at the end of 2022?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
---------------------------|------------------------------------------------|-------------------------------------| | 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 | | Alabama | 2021 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | | 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | | Arizona | 2021 | 2 | 0 | 0 | 0 | 0 | 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, there were 6 Byrider outlets operating in Michigan at the end of 2022. The provided table in Item 20 outlines the changes in outlet numbers for various states over the years 2021, 2022, and 2023. Specifically, for Michigan, the table details the number of outlets at the start of each year, any openings, terminations, non-renewals, re acquisitions by the franchisor, or other reasons for ceased operations, and finally, the number of outlets at the end of the year.
For a prospective franchisee, this information is useful in understanding the stability and growth of Byrider in Michigan. The fact that the number of outlets remained constant at 6 throughout 2021, 2022, and 2023 suggests a stable market presence. It indicates that no franchises were opened, terminated, or non-renewed during this period.
This data point provides a historical snapshot, but a potential franchisee should also investigate current market conditions, local competition, and Byrider's future expansion plans in Michigan to make a well-informed decision. It's also important to note that past performance doesn't guarantee future results, and further due diligence is always recommended.