When will Byrider notify the franchisee of the Necessary Modifications required for a Successor Franchise Agreement?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
The Franchisee has made, at its expense, such expenditures necessary to upgrade, remodel and redecorate the Business Location and the fixtures, equipment and supplies used in the Franchisee's Business to conform to the requirements of the System and the image of the Business at the commencement of the Successor Franchise Agreement (the "Necessary Modifications"); provided that the Company will not require any modifications to the exterior signage if the Company required an exterior signage modification within the five (5) years immediately preceding the expiration of this agreement.
The Company shall notify the Franchisee of the Necessary Modifications within ninety (90) days after receipt of the Successor Franchise Notice;
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, Byrider will notify the franchisee of the Necessary Modifications, which include upgrades, remodeling, and redecoration needed to conform to the System standards, within ninety (90) days after receiving the Successor Franchise Notice.
This means that if a franchisee wants to renew their franchise agreement, they must first notify Byrider of their intent. After Byrider receives this notice, they have up to 90 days to inform the franchisee of any required changes to the business location. These modifications are at the franchisee's expense and must be completed before the Successor Franchise Agreement commences. However, Byrider will not require modifications to exterior signage if such modifications were required within the five years immediately preceding the agreement's expiration.
It is important for prospective franchisees to understand this timeline because it affects their planning and budgeting for potential upgrades. Franchisees need to be prepared to invest in these Necessary Modifications to meet Byrider's standards for the successor franchise. Knowing that they will receive notice within 90 days of their intent to renew allows them to start planning and securing financing if needed. This also gives the franchisee time to negotiate with Byrider regarding the scope and cost of the required modifications.