factual

Does the Byrider Veteran Discount Addendum change any other terms of the Franchise Agreement besides the initial franchise fee?

Byrider Franchise · 2025 FDD

Answer from 2025 FDD Document

| 1. | Initial Franchise Fee. The Company and Franchisee agree and acknowledge that | | the Initial Franchise Fee provided in Section 3.8 of the Franchise Agreement shall be $50,000. | | | | 2. | Other Terms. All other terms of the Franchise Agreement shall remain in full force | | and effect. |

Source: Item 23 — Receipts (FDD pages 88–335)

What This Means (2025 FDD)

According to the 2025 Byrider Franchise Disclosure Document, the Veteran Discount Addendum primarily focuses on modifying the initial franchise fee for eligible veterans. Specifically, it amends Section 3.8 of the Franchise Agreement, setting the initial franchise fee at $50,000. This indicates a reduction or special rate offered to veterans as an incentive.

Beyond the initial franchise fee, the addendum explicitly states that all other terms and conditions of the original Franchise Agreement remain in full force and effect. This means that aspects such as royalty fees, transfer fees, obligations, and operational procedures are unchanged by the Veteran Discount Addendum. Franchisees receiving this discount are still bound by the standard agreement terms except for the modified initial fee.

This clause ensures that while Byrider provides a financial incentive to veterans through a reduced initial franchise fee, the core operational and legal obligations of the franchise remain consistent with those of all other franchisees. Prospective franchisees who are veterans should carefully review both the addendum and the full Franchise Agreement to understand their complete obligations and rights.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.