Within what time frame must a Byrider franchisee open their Byrider Business after signing the Franchise Agreement?
Byrider Franchise · 2025 FDDAnswer from 2025 FDD Document
The typical length of time between the signing of the Franchise Agreement or the first payment of consideration for the Businesses and the opening of the Businesses is about 180 to 360 days. Factors that affect this length of time include the time it takes to arrange financing, meet local ordinances or community requirements and complete delivery of equipment. You must open the Business within 1 year after signing the Franchise Agreement, and if you fail to do so, Byrider Franchising Partners may terminate the Franchise Agreement. If that happens, you will not receive a refund for your initial franchise fee. (Franchise Agreement – Article 16.1).
Source: Item 11 — (FDD pages 42–50)
What This Means (2025 FDD)
According to Byrider's 2025 Franchise Disclosure Document, a franchisee must open their Byrider Business within one year of signing the Franchise Agreement. The typical time frame between signing the agreement (or first payment) and opening the business is approximately 180 to 360 days.
Factors that can affect this timeline include arranging financing, meeting local ordinances or community requirements, and completing equipment delivery. Failure to open the Byrider Business within the one-year timeframe may result in the termination of the Franchise Agreement by Byrider Franchising Partners.
If the Franchise Agreement is terminated due to failure to open the business within the specified time, the franchisee will not receive a refund of their initial franchise fee. This underscores the importance of careful planning and execution to ensure timely business launch after signing the agreement.