How many Byrider outlets in Tennessee ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor in 2021?
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, one Byrider location in Tennessee ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor during 2021. At the start of 2021, there were three Byrider outlets in Tennessee. By the end of 2021, that number decreased to two, with one outlet ceasing operations for other reasons.
This information is valuable for potential Byrider franchisees as it provides insight into the stability and turnover of franchises within specific states. Understanding the reasons behind outlet closures, especially those not due to typical factors like termination or non-renewal, can help a prospective franchisee assess potential risks and challenges in a particular market.
It's important to note that 'other reasons' for ceasing operations are not defined in this excerpt. A potential franchisee should ask Byrider for more details about what constitutes 'other reasons' to fully understand the context of these closures. This could include factors like poor performance, relocation, or other unforeseen circumstances that led to the cessation of operations.