What was the median net income from operations (before taxes) for Byrider stores in the second 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 second quartile is presented in Item 19. Based on data from a set of 25 stores, the median net income from operations (before taxes) for the second quartile was $607,581.
This figure represents the midpoint of net operational income before taxes for the middle-performing 25% of Byrider franchise locations analyzed. It suggests that half of the stores in this quartile earned more than $607,581, while the other half earned less.
Prospective franchisees can use this information to benchmark their potential earnings against existing Byrider stores. However, it's important to consider that this is just one financial performance representation and does not guarantee similar results. Individual performance may vary based on factors such as location, management skills, and local market conditions.