What was the median net income from operations (before taxes) for Byrider stores in the first quartile?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| First Quartile = 25 Stores | First Quartile Average | % Met or Exceed Avg | First Quartile Median | Second Quartile = 25 Stores | Second Quartile Average | % Met or Exceed Avg | Second Quartile Median | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Vehicle Sales6 | 387 | 377 | Annual Vehicle Sales6 | 312 | 298 | ||||||
| Sales Revenue2,11 | 6,805,906 | 71.91% | 48.00% | 6,698,856 | 74.89% | Sales Revenue2,11 | 5,217,681 | 73.60% | 52.00% | 5,307,469 | 76.32% |
| Finance Revenue3,11 | 2,658,688 | 28.09% | 48.00% | 2,541,467 | 26.29% | Finance Revenue3,11 | 1,871,091 | 26.40% | 48.00% | 1,747,149 | 25.12% |
| Total Revenue4,11 | 9,464,594 | 100.00% | 44.00% | 9,190,129 | 101.19% | Total Revenue4,11 | 7,088,772 100.00% | 48.00% | 6,954,666 100.00% | ||
| Cost of Goods Sold5 | 6,097,281 | 64.42% | 44.00% | 5,967,833 | 67.84% | Cost of Goods Sold5 | 4,608,086 | 65.01% | 52.00% | 4,677,851 | 67.26% |
| Total Gross Profit7 | 3,367,314 | 35.58% | 40.00% | 3,168,721 | 32.07% | Total Gross Profit7 | 2,480,686 | 34.99% | 36.00% | 2,373,537 | 34.13% |
| Total Operating Expense8 | 2,095,272 | 22.14% | 48.00% | 2,068,291 | 18.07% | Total Operating Expense8 | 1,891,161 | 26.68% | 40.00% | 1,683,037 | 24.20% |
| *Net Income from Operations (before taxes)9 | 1,272,041 | 13.44% | 48.00% | 1,257,180 | 14.39% | *Net Income from Operations (before taxes)9 | 589,525 | 8.32% | 52.00% | 607,581 | 8.74% |
| Net Income per Vehicle Sold 10 | 3,287 | 3,339 | Net Income per Vehicle Sold 10 | 1,887 | 2,039 |
Source: Item 19 — Financial Performance Representations (FDD pages 63–81)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the median net income from operations (before taxes) for stores in the first quartile was $1,257,180. This data is derived from a set of 25 stores within the first quartile. The average net income from operations (before taxes) for these stores was $1,272,041.
This financial performance representation provides prospective franchisees with an understanding of the potential earnings of Byrider stores in the lowest-performing quartile. It is important to note that 48% of these stores met or exceeded the average net income, indicating a degree of variability within this quartile. The median income is generally considered a more representative figure than the average, as it is less susceptible to distortion by extremely high or low values.
It is crucial for potential Byrider franchisees to consider these figures in conjunction with other financial performance metrics and to conduct their own due diligence. Understanding the factors that contribute to the success of stores in the higher quartiles, as well as the challenges faced by those in the lower quartiles, is essential for making an informed investment decision. Reviewing the complete Item 19 and consulting with existing franchisees can provide a more comprehensive understanding of the potential financial outcomes.