Under what conditions can a Byrider franchisee request an extension to the deadline for opening their business?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
The Franchisee expressly understands that the opening of the Franchisee's Business within one (1) year following the execution of this Agreement is of the essence of this Agreement; provided, however, if in the Company's sole judgment, Franchisee has diligently pursued opening of the Franchisee's Business but failed through no fault of its own, then Franchisee may request an extension of up to six (6) months and the Company shall not unreasonably withhold consent to such request.
Source: Item 23 — Receipts (FDD pages 88–335)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, the opening of a franchisee's business within one year of signing the franchise agreement is considered essential. However, a franchisee may request an extension of up to six months to this deadline under specific conditions.
To be eligible for an extension, the franchisee must demonstrate to Byrider that they have diligently pursued the opening of their business. Additionally, the failure to open within the initial one-year timeframe must not be due to any fault of their own. The decision to grant an extension rests solely with Byrider, but the document states that Byrider will not unreasonably withhold consent to such a request if the franchisee meets the criteria.
This clause protects franchisees from unforeseen delays outside their control, such as permitting issues or construction delays, while also ensuring they are actively working towards opening their Byrider location. It is important to note that Byrider retains the final decision-making authority regarding extensions, so franchisees should maintain open communication with Byrider and document their efforts to secure the opening of their business within the initial timeframe.