What is the maximum monthly payment for Byrider "Legacy Interim Founder Franchisees" and "Standard Franchisees" for retail installment contracts assigned to the Franchisee's affiliated CNAC entity?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
ss is open to the public or the one-year anniversary of the date of this Agreement. The term "Royalty Fee" shall mean that amount calculated monthly as follows:
Gross Sales (Byrider Vehicle Sales):
- A. For Franchisee's Byrider retail installment contracts assigned to Franchisee's affiliated CNAC entity: the greater of $6,000 or 2.5% of the Franchisee's Gross Sales (Byrider Vehicle Sales) (as defined above in Section 3.7) with a maximum month
Source: Item 22 — Contracts (FDD pages 87–88)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the maximum monthly payment for retail installment contracts assigned to the franchisee's affiliated CNAC entity varies based on the franchisee's designation. Specifically, for "Legacy Interim Founder Franchisees" and "Standard Franchisees", the maximum monthly payment is $10,000. This payment is tied to Byrider retail installment contracts assigned to the franchisee's affiliated CNAC entity.
In addition to this payment, Byrider franchisees must also pay 1% of their Gross Receipts from CNAC collections, as defined in Section 3.7 of the FDD. Franchisees also need to be aware of a volume surcharge of $112.00 for every vehicle sold at retail (whether financed or sold for cash) exceeding 75 vehicles per Business Location per calendar month.
Therefore, prospective Byrider franchisees need to consider these multiple fees when evaluating the financial obligations of the franchise. The $10,000 maximum monthly payment for "Legacy Interim Founder Franchisees" and "Standard Franchisees" is just one component of the overall royalty and fee structure, which also includes a percentage of CNAC collections and a volume surcharge based on the number of vehicles sold.