What is the total projected number of new company-owned Byrider outlets planned to open in 2024?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Column 2 Franchise Agreements Signed But Outlet Not Opened | Column 3 Projected New Franchised Outlet in 2024 | Projected New Company-Owned Outlet in 2024 |
|---|---|---|---|
| Kentucky | 0 | 0 | 1 |
| North Carolina | 1 | 0 | 0 |
| Ohio | 0 | 0 | 1 |
| Total | 1 | 0 | 2 |
Source: Item 20 — Outlets and Franchisee Information (FDD pages 81–87)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the company projects opening a total of 2 new company-owned outlets in 2024. These openings are planned for Kentucky and Ohio, with one outlet projected for each state.
This projection provides insight into Byrider's expansion strategy for its company-owned stores. While the number is relatively small, it indicates a continued investment in corporate-owned locations alongside franchised ones. Prospective franchisees may find this information useful for understanding the competitive landscape and the potential for corporate support in their region.
It's important to note that these are projections and not guarantees. Actual openings may vary depending on various factors, including real estate availability, permitting, and economic conditions. Franchisees should inquire about the specific locations and the company's rationale for choosing these markets to gain a better understanding of the potential impact on their own businesses.