What is the third quartile median for Byrider's net income per vehicle sold?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| Third Quartile = 2 Stores | Third Quartile Average | % Met or Exceed Avg | Third Quartile Median | Fourth Quartile = 2 Stores | Fourth Quartile Average | % Met or Exceed Avg | Fourth Quartile Median | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Vehicle Sales6 | 218 | 218 | Annual Vehicle Sales6 | 269 | 269 | ||||||
| Sales Revenue2,11 | 3,764,646 | 66.28% | 50.00% | 3,764,646 | 66.28% | Sales Revenue2,11 | 4,549,375 | 75.47% | 50.00% | 4,549,375 | 75.47% |
| Finance Revenue3,11 | 1,915,162 | 33.72% | 50.00% | 1,915,162 | 33.72% | Finance Revenue3,11 | 1,479,020 | 24.53% | 50.00% | 1,479,020 | 24.53% |
| Total Revenue4,11 | 5,679,807 | 100.00% | 50.00% | 5,679,807 | 100.00% | Total Revenue4,11 | 6,028,395 100.00% | 50.00% | 6,028,395 100.00% | ||
| Cost of Goods Sold5 | 3,346,399 | 58.92% | 50.00% | 3,346,399 | 58.92% | Cost of Goods Sold5 | 4,055,312 | 67.27% | 50.00% | 4,055,312 | 67.27% |
| Total Gross Profit7 | 2,333,409 | 41.08% | 50.00% | 2,333,409 | 41.08% | Total Gross Profit7 | 1,973,083 | 32.73% | 50.00% | 1,973,083 | 32.73% |
| Total Operating Expense8 | 1,665,580 | 29.32% | 50.00% | 1,665,580 | 29.32% | Total Operating Expense8 | 1,772,739 | 29.41% | 50.00% | 1,772,739 | 29.41% |
| *Net Income from Operations (before taxes)9 | 667,829 | 11.76% | 50.00% | 667,829 | 11.76% | *Net Income from Operations (before taxes)9 | 200,344 | 3.32% | 50.00% | 200,344 | 3.32% |
| Net Income per Vehicle Sold 10 | 3,070 | 3,070 | Net Income per Vehicle Sold 10 | 744 | 744 |
| Third Quartile = 25 Stores | Third Quartile Average | % Met or Exceed Avg | Third Quartile Median | Fourth Quartile = 25 Stores | Fourth Quartile Average | % Met or Exceed Avg | Fourth Quartile Median | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Vehicle Sales6 | 284 | 259 | Annual Vehicle Sales6 | 221 | 219 | ||||||
| Sales Revenue2,11 | 4,720,736 | 72.57% | 36.00% | 4,382,794 | 73.15% | Sales Revenue2,11 | 3,790,894 | 74.49% | 52.00% | 3,791,281 | 73.96% |
| Finance Revenue3,11 | 1,784,025 | 27.43% | 48.00% | 1,679,517 | 28.03% | Finance Revenue3,11 | 1,298,466 | 25.51% | 44.00% | 1,173,473 | 22.89% |
| Total Revenue4,11 | 6,504,761 | 100.00% | 36.00% | 5,991,712 | 100.00% | Total Revenue4,11 | 5,089,360 100.00% | 56.00% | 5,126,113 100.00% | ||
| Cost of Goods Sold5 | 4,223,671 | 64.93% | 36.00% | 3,854,428 | 64.33% | Cost of Goods Sold5 | 3,421,585 | 67.23% | 48.00% | 3,398,496 | 66.30% |
| Total Gross Profit7 | 2,281,090 | 35.07% | 36.00% | 2,095,379 | 34.97% | Total Gross Profit7 | 1,667,776 | 32.77% | 44.00% | 1,553,104 | 30.30% |
| Total Operating Expense8 | 2,005,546 | 30.83% | 32.00% | 1,800,793 | 30.05% | Total Operating Expense8 | 1,911,733 | 37.56% | 44.00% | 1,897,279 | 37.01% |
| *Net Income from Operations (before taxes)9 | 275,545 | 4.24% | 60.00% | 292,236 | 4.88% | *Net Income from Operations (before taxes)9 | -243,958 | -4.79% | 56.00% | -176,270 | -3.44% |
| Net Income per Vehicle Sold 10 | 971 | 1,131 | Net Income per Vehicle Sold 10 | -1,105 | -807 |
| Third Quartile = 23 Stores | Third Quartile Average | % Met or Exceed Avg | Third Quartile Median | Fourth Quartile = 23 Stores | Fourth Quartile Average | % Met or Exceed Avg | Fourth Quartile Median | ||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Vehicle Sales6 | 275 | 254 | Annual Vehicle Sales6 | 225 | 219 | ||||||
| Sales Revenue2,11 | 4,564,640 | 72.32% | 34.78% | 4,270,290 | 71.77% | Sales Revenue2,11 | 3,873,792 | 74.44% | 47.83% | 3,832,479 | 74.14% |
| Finance Revenue3,11 | 1,747,479 | 27.68% | 43.48% | 1,605,537 | 26.98% | Finance Revenue3,11 | 1,330,239 | 25.56% | 47.83% | 1,239,640 | 23.98% |
| Total Revenue4,11 | 6,312,119 | 100.00% | 34.78% | 5,949,808 | 100.00% | Total Revenue4,11 | 5,204,030 100.00% | 47.83% | 5,169,027 100.00% | ||
| Cost of Goods Sold5 | 4,053,081 | 64.21% | 39.13% | 3,842,016 | 64.57% | Cost of Goods Sold5 | 3,499,836 | 67.25% | 52.17% | 3,559,303 | 68.86% |
| Total Gross Profit7 | 2,259,038 | 35.79% | 34.78% | 2,019,243 | 33.94% | Total Gross Profit7 | 1,704,194 | 32.75% | 47.83% | 1,566,606 | 30.31% |
| Total Operating Expense8 | 2,009,058 | 31.83% | 34.78% | 1,790,371 | 30.09% | Total Operating Expense8 | 1,967,782 | 37.81% | 43.48% | 1,900,212 | 36.76% |
| *Net Income from Operations (before taxes)9 | 249,980 | 3.96% | 65.22% | 281,170 | 4.73% | *Net Income from Operations (before taxes)9 | -263,588 | -5.07% | 56.52% | -193,902 | -3.75% |
| Net Income per Vehicle Sold 10 | 909 | 1,109 | Net Income per Vehicle Sold 10 | -1,173 | -887 |
Source: Item 19 — Financial Performance Representations (FDD pages 63–81)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the net income per vehicle sold for the third quartile varies depending on the number of stores included in the sample. When the third quartile consists of 2 stores, the median net income per vehicle sold is $3,070. However, when the third quartile consists of 23 stores, the median net income per vehicle sold is $1,109. And when the third quartile consists of 25 stores, the median net income per vehicle sold is $1,131.
These figures represent the median net income from operations before taxes per vehicle sold for Byrider locations that fall within the third quartile of performance. The third quartile represents the performance of stores that are in the 50th to 75th percentile, providing a view of above-average but not top-performing locations.
A prospective franchisee should consider these figures as benchmarks, understanding that their own store's performance could vary based on factors such as location, management, and local market conditions. The wide range in median net income per vehicle sold between the different sample sizes suggests that the number of stores included in the sample can significantly impact the results.
It is important for potential Byrider franchisees to investigate further into the factors that contribute to the differences in net income per vehicle sold across different quartiles and store groupings. Understanding these factors can help franchisees develop strategies to maximize their own profitability.