factual

What section of the Byrider FDD does item 6 modify regarding franchisee termination?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

    1. The following language replaces the "Summary" section of Item 17(d), titled "Termination by franchisee": You may terminate the agreement on any grounds available by law.

Source: Item 23 — Receipts (FDD pages 88–335)

What This Means (2025 FDD)

According to the 2025 Byrider Franchise Disclosure Document, Item 23 includes receipts that modify Item 17(d) regarding franchisee termination. Specifically, Item 6 in Item 23 replaces the "Summary" section of Item 17(d), which is titled "Termination by franchisee". The new language states that a franchisee may terminate the agreement on any grounds available by law.

This modification means that the original summary section in Item 17(d) is no longer applicable and is replaced entirely by the statement providing franchisees the right to terminate based on legally available grounds. This change could be significant for prospective franchisees as it broadens their termination rights beyond what might have been initially outlined in the original summary.

Prospective franchisees should carefully review Item 17(d) in conjunction with Item 23 to fully understand their termination rights and how they are affected by applicable laws. It is also advisable to seek legal counsel to interpret the full implications of this modification and how it applies within their specific jurisdiction, as laws governing franchise agreements can vary significantly by state.

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.