What was the net change in the number of Byrider outlets in Illinois from the start of 2022 to the end of 2023?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Col. 1 | Col. 2 | Col. 3 | Col. 4 | Col. 5 | Col. 6 | Col. 7 | Col. 8 | Col. 9 |
|---|---|---|---|---|---|---|---|---|
| State | Year | Outlets at Start of Year | Outlets Opened | Termina- tions | Non- Renewals | Reacquired by Franchisor | Ceased Opera- tions- Other Reasons | Outlets at End of the Year |
| 2022 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| 2023 | 2 | 0 | 0 | 0 | 0 | 0 | 2 | |
| Connecticut | 2021 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Florida | 2021 | 6 | 0 | 0 | 0 | 0 | 0 | 6 |
| 2022 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| 2023 | 6 | 0 | 0 | 0 | 0 | 0 | 6 | |
| Georgia | 2021 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2022 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| Illinois | 2021 | 12 | 0 | 0 | 0 | 0 | 0 | 12 |
| 2022 | 12 | 0 | 1 | 0 | 0 | 0 | 11 | |
| 2023 | 11 | 0 | 2 | 0 | 0 | 0 | 9 | |
| Indiana | 2021 | 14 | 1 |
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 number of Byrider outlets in Illinois experienced a net decrease between the start of 2022 and the end of 2023. At the beginning of 2022, there were 12 Byrider outlets in Illinois. By the end of 2022, this number decreased to 11. Throughout 2023, the number further decreased, resulting in 9 Byrider outlets in Illinois by the end of 2023.
In 2022, one Byrider location in Illinois was terminated. In 2023, two Byrider locations in Illinois were terminated. There were no new Byrider locations opened in Illinois during 2022 or 2023.
For a prospective franchisee, this indicates a shrinking presence of Byrider in Illinois. This could be due to various factors such as market conditions, franchisee performance, or strategic decisions by Byrider. It would be prudent for a potential franchisee to investigate the reasons behind these closures and understand the current market dynamics in Illinois before investing in a Byrider franchise.