On what page of the Byrider franchise agreement does it state that there are no representations regarding licenses or permits?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
- 2.8 No Representation Regarding Licenses/Permits. No representation or statement has been made by the Company, or by its officers, directors, shareholders, employees or agents and relied upon by the Franchisee regarding the Franchisee's ability to procure any required license or permit that may be necessary to the offering of one or more of the services contemplated to be offered by the business franchised hereby.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, page 99 of the document contains a clause in the franchise agreement that addresses licenses and permits. Specifically, it states that Byrider makes no representation or statement regarding a franchisee's ability to obtain any required license or permit necessary to offer the services contemplated by the franchise. This means Byrider does not guarantee or assure that a franchisee will be able to secure the necessary licenses or permits to operate the Byrider business.
This lack of representation places the onus on the prospective franchisee to independently verify and secure all required licenses and permits. It is crucial for anyone considering a Byrider franchise to thoroughly research the licensing and permit requirements in their specific location. This includes understanding the application processes, qualifications, and any potential challenges in obtaining the necessary approvals.
Prospective franchisees should consult with legal and business advisors to assess the licensing landscape in their area and develop a plan to meet all requirements. Failure to obtain the necessary licenses and permits could prevent the franchisee from operating the Byrider business, leading to financial losses. This is a standard clause in most franchise agreements, as franchisors typically do not control local regulations and cannot guarantee approvals.