Under what circumstances is the initial franchise fee waived for a Byrider franchise?

According to Byrider's 2025 Franchise Disclosure Document, the initial franchise fee is generally waived only for Byrider businesses operated by affiliates or other related companies. In these specific cases, the FDD states that the initial franchise fee "is and has been waived."

For a standard Byrider franchisee, the initial franchise fee is a $60,000 lump sum due upon signing the Franchise Agreement. This fee is generally non-refundable, except that it is refundable if Byrider Franchising Partners receives written notice from the franchisee within 60 days of signing the Franchise Agreement, provided the franchisee also signs a required general release form.

It is important to note that while the initial franchise fee may be reduced for veterans of the U.S. Armed Forces by $10,000, this is a reduction, not a waiver. Similarly, the initial franchise fee can effectively be reduced by development fee credits under an Area Development Agreement. However, these credits are applied against the initial franchise fee as Franchise Agreements are signed, rather than waiving the fee entirely. The "Refer a Franchise" promotion also does not waive the initial franchise fee for the new franchisee; instead, Byrider pays a $10,000 referral fee to the existing franchisee who made the referral.