Under what condition does Byrider agree to grant the franchisee the option to acquire additional franchises?

According to Byrider's 2025 Franchise Disclosure Document, Byrider may grant a franchisee the option to acquire additional franchises to develop and operate Businesses. This is subject to the terms and conditions outlined in the Area Development Agreement.

Specifically, the document mentions an Area Development Agreement that Byrider enters into with a franchisee who desires the option to acquire additional franchises. This agreement is made and entered into as of a specific date between Byrider Franchising Partners, LLC and the franchisee. The agreement references an initial franchise agreement under which the franchisee undertook the obligation to own and operate the franchisee's business.

In essence, Byrider is willing to consider granting franchisees the opportunity to expand their operations by acquiring additional franchises, but this is contingent upon both parties agreeing to and adhering to the terms and conditions specified in the Area Development Agreement. This agreement serves as the framework for the franchisee's expansion and outlines the obligations and expectations of both Byrider and the franchisee in the development of additional Byrider businesses.