Can the Tenant use the Premises for purposes of operating a business offering used vehicles and financing services under the Byrider name?

According to the 2025 Byrider Franchise Disclosure Document, the Tenant has the right to use the Premises for operating a business that offers used vehicles and financing services under the Byrider name and marks. This is explicitly stated in the lease agreement, ensuring that the franchisee can conduct Byrider business operations at the location. This right is granted without limiting other uses permitted under the lease, expanding the scope of allowed activities.

This provision is beneficial for a prospective Byrider franchisee as it confirms the permitted use of the premises for Byrider's specific business model, which includes both vehicle sales and financing services. This clarity in the lease agreement helps avoid potential disputes with the landlord regarding the nature of the business being conducted. The agreement also ensures compliance with parking requirements, as the landlord warrants that the premises comply with all applicable laws, including sufficient parking for the intended use.

Furthermore, the lease agreement addresses signage rights, allowing the Tenant to use Byrider's standard sign and awning package to the maximum extent permitted by local governmental authorities. The Tenant is also provided with a panel on any pylon/monument/directory sign for the development, enabling them to install a standard sign approved by Byrider, including the logo. These signage rights are crucial for brand visibility and recognition, helping the franchisee attract customers and establish a presence in the market.