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What was the net change in the number of company-owned Byrider outlets during 2022?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

Outlet Type Year Column 3 Outlets at the Start of the Year Column 4 Outlets at the End of the Year Net Change
Franchised 2021 135 137 +2
2022 137 125 -12
2023 125 113 -12
Company- 2021 9 9 +0
Owned 2022 9 12 +3
2023 12 15 +3
Total Outlets 2021 144 146 +2
2022 146 137 -9
2023 137 128 -9

Source: Item 20 — Outlets and Franchisee Information (FDD pages 81–87)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, the net change in the number of company-owned outlets during 2022 was an increase of 3. At the start of 2022, there were 9 company-owned Byrider outlets. By the end of 2022, this number had increased to 12.

This increase in company-owned outlets suggests that Byrider may be investing more in its own operations. This could be for a variety of reasons, such as testing new strategies or filling gaps in markets where franchising is not as prevalent.

For a prospective franchisee, this information provides insight into the overall direction of the Byrider franchise system. While most franchisees will be opening franchised locations, it is important to understand the company's approach to its own stores.

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.