Total investment:

$ 825,480

Franchise fee:

$ 50,000

Royality fee:

2.50%

Monthly marketing payment :

$ 0

Number of franchises

Return

Time period

Revenue:

$ 12 000*

* Calculator calculations are provisional, not guaranteed

MAIN INFORMATION

Foundatoin year:

Year of franchising: 1989

Company units:

Franchise units: 120

Total number of units:

Number of employees per unit: 12-20

Contract period: 60 month

FRANCHISE ONLINE

WEBSITE

Byrider is the nation’s leading used car franchise and finance enterprise. The company integrates vehicle sales and financing because these provide the franchisee with the greatest control of their business as well as the ability to sell to any customer they choose. It was founded by owner of a Chevrolet-Cadillac dealership in Marion, Indiana, James F. DeVoe in 1989.

On-The-Job Training: As needed
Classroom Training: 72+ hours
Additional Training: Web-based curriculum

Net-worth Requirement: $1,000,000 – $1,500,000
Liquid Cash Requirement: $1,000,000 – $1,500,000; Ad Royalty Fee: $1.5K/mo.


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