What is the third quartile median for the number of Byrider vehicles sold?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| | | | | | |
| 4,511 | | | 4,511 | Net Income per Vehicle Sold 10 | 3,102 | | 3,102 | |
| 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 Veh |
Source: Item 19 — Financial Performance Representations (FDD pages 63–81)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the third quartile median for annual vehicle sales varies depending on the number of stores included in the quartile. When the third quartile consists of 2 stores, the median annual vehicle sales is 218. When the third quartile consists of 23 stores, the median annual vehicle sales is 254. When the third quartile consists of 25 stores, the median annual vehicle sales is 259.
These figures provide prospective Byrider franchisees with a benchmark for expected sales volume based on the performance of existing franchisees. The third quartile represents the performance level above which 25% of franchisees fall, offering a view of potentially achievable sales under reasonable operating conditions.
It's important to note that these figures are medians, meaning they represent the midpoint of the sales data for the specified group of stores. Individual Byrider locations may perform above or below these medians due to factors such as local market conditions, management effectiveness, and competition. The FDD also indicates the percentage of stores meeting or exceeding the average sales for each quartile, offering further insight into the distribution of performance.
Prospective franchisees should carefully consider these figures in conjunction with other financial performance representations and conduct their own due diligence to assess the potential sales volume for their specific location. Understanding the factors that contribute to sales performance in different quartiles can help franchisees develop strategies to maximize their own sales and profitability.