table_specific

What is the range of the Development Fee for a Traditional Byrider franchisee under the Area Development Agreement Rider?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

VELOPMENT AGREEMENT RIDER

Expenditures Estimated Amount or Estimated Low-High Range* (Traditional Franchisee) Estimated Amount or Estimated Low-High Range* (Ultra Franchisee) When Payable Method of Payment To Whom Paid
Development Fee (1) $17,500- $87,500 $20,000- $100,000 Upon Execution of Area Development Agreement Lump sum Byri

Source: Item 7 — Estimated Initial Investment (FDD pages 32–36)

What This Means (2025 FDD)

According to Byrider's 2025 Franchise Disclosure Document, the Development Fee for a Traditional Byrider franchisee under the Area Development Agreement ranges from $17,500 to $87,500. This fee is payable upon the execution of the Area Development Agreement.

The Development Fee is determined by multiplying $17,500 by the number of franchises the franchisee commits to developing under the Area Development Agreement. The standard agreement typically requires a commitment to acquire between 1 and 5 franchises. This means the development fee will be $17,500 for a single franchise commitment, $35,000 for a 2-franchise commitment, $52,500 for a 3-franchise commitment, $70,000 for a 4-franchise commitment, and $87,500 for a 5-franchise commitment.

It is important to note that the Development Fee is fully earned by Byrider upon receipt and is non-refundable. However, Byrider will credit the fee in $17,500 increments against the Initial Franchise Fees that become due as the franchisee executes Franchise Agreements. This credit applies specifically to Traditional Franchisees. Prospective franchisees should carefully consider the number of franchises they commit to developing, as this decision directly impacts the initial Development Fee and the subsequent credit applied to the Initial Franchise Fees.

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.