table_specific

How many Byrider outlets were terminated in 2023?

Byrider Franchise · 2025 FDD

Answer 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
South Carolina 2021 3 0 0 0 0 0 3
2022 3 0 0 0 0 0 3
2023 3 0 0 0 0 0 3
Tennessee 2021 3 0 0 0 0 1 2
2022 2 0 2 0 0 0 0
2023 0 0 0 0 0 0 0
Texas 2021 9 0 0 0 0 0 9
2022 9 1 0 0 0 0 10
2023 10 1 1 0 0 0 10
Virginia 2021 1 0 0 0 0 0 1
2022 1 0 0 0 0 0 1
2023 1 0 0 0 0 0 1
West Virginia 2021 6 0 0 0 0 0 6
2022 6 0 0 0 0 0 6
2023 6 0 0 0 0 0 6
Wisconsin 2021 10 0 0 0 0 0 10
2022 10 0 0 0 0 0 10
2023 10 0 0 0 0 0 10
Totals 2021 135 7 4 0 0 1 137
2022 137 3 13 0 0 2 125
2023 125 3 11 3 0 1 113

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 a total of 11 Byrider outlets terminated across all states in 2023. This is based on the aggregated data presented in the table.

Specifically, the table provides a breakdown of outlet activity by state and year, including the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by Byrider, outlets that ceased operations for other reasons, and the number of outlets at the end of the year. For 2023, the 'Terminations' column indicates the number of franchise agreements that were ended, either by Byrider or the franchisee.

Prospective franchisees should pay close attention to termination rates as they can be an indicator of franchise health and franchisee satisfaction. While 11 terminations may not seem significant, it's crucial to understand the reasons behind these terminations. Further investigation into the specific locations and circumstances surrounding these terminations can provide valuable insights into the potential challenges and opportunities within the Byrider franchise system.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.