table_specific

What was the median net income from operations (before taxes) for Byrider stores in the first quartile?

Byrider Franchise · 2025 FDD

Answer 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.

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.