Byrider

Byrider

Franzy VerifiedInformation based on 2026 FDD

Automotive Services · Auto Repair Shops

Investment min
$947K
Total: $947K–$1.58M
Avg gross revenue
$9.05M
Unit-level, 2026
Franchise fee
$60K
Veteran discount available
Royalty
3.5 (2.5% on car sales & 1% on collections)
Locations
100
Franchising since 1989

Description

What is Byrider?

Used car dealership with integrated in-house financing and vehicle service

The idea behind Byrider was first conceived in Marion, Indiana, in 1979 by founder Jim DeVoe Sr. Created during a period of high interest rates and tightening credit, the concept addressed a critical need: providing reliable transportation to hardworking consumers who were unable to qualify for traditional bank financing.

To meet this need, Jim developed a dealership model that combined quality used vehicles with in-house financing, allowing customers to buy and finance a vehicle in one location. This integrated approach enabled Byrider to compete effectively in the buy-here-pay-here segment while delivering meaningful impact within local communities.

As the model matured, Byrider expanded into franchising, opening its first location in 1989 and growing into a nationally recognized system.

In 2024, Byrider entered a new chapter when a group of six long-tenured franchisees acquired the brand from and formed a franchisee-led board. Today, Byrider is owned and governed by franchisees, ensuring that strategic decisions are made by operators who understand the business at the store level and are directly invested in the long-term success of the system.

This franchisee-first structure reinforces Byrider’s commitment to disciplined operations, shared accountability, and a mission centered on helping customers Buy, Finance, and Drive On®, even when traditional lenders say no.

One of the most compelling aspects of the Byrider franchise opportunity is its flexibility and scalability through our turnkey BHPH business model. Our vertically integrated model combines vehicle sales, centralized underwriting through CNAC, and in-house service operations giving franchisees greater control, consistency, and margin visibility. Some franchisees choose to be hands-on operators involved in day-to-day dealership management, while others operate as semi-absentee owners with operating partners running the day to day. As experience and confidence grow, many franchisees expand into multi-unit ownership, leveraging Byrider’s systems to scale efficiently.

Regardless of ownership style, Byrider provides the structure, support, and infrastructure to align with your goals.

Comprehensive Training: Byrider offers a robust blend of in-person, onsite, and online training, ensuring franchisees and their teams are fully equipped with the operational, financial, and compliance tools needed to run the business effectively.

Proven Technology Platform: Franchisees benefit from Byrider’s ongoing investment in technology, including systems designed to support underwriting, servicing, reporting, and operational efficiency across the dealership.

Ownership Flexibility: Whether you prefer to actively manage your dealership or oversee operations from a distance, Byrider’s model and support structure are built to accommodate multiple ownership profiles. We can talk through what these ownership structures look like and the best practices to layer your ownership accordingly.

Established Brand Advantage: Byrider franchisees leverage a nationally recognized brand and a full library of professionally developed marketing and advertising materials. These resources help drive traffic and build trust in local markets without requiring franchisees to independently fund or create brand assets.

  • Subprime auto financing
  • Buy here pay here model
  • Credit-rebuilding vehicle sales
  • In-house loan servicing
  • Working household focus

Location Analysis

Where Byrider wins

Byrider's geographic footprint is concentrated in the Midwest and Southeast, with top states including Ohio, Indiana, North Carolina, Tennessee, and Pennsylvania. Leading markets are Indianapolis, Columbus, Cincinnati, Charlotte, and Nashville. The brand exhibits dense clustering across the Midwest and Ohio Valley near its Carmel, Indiana headquarters, with multiple dealerships within single metros often operated by the same multi-unit franchisee. Locations are sited on high-traffic commercial auto corridors and arterial roads rather than downtown cores, and the network favors mid-sized metros and secondary cities over the largest coastal markets. Coverage is thin or absent in the Northeast corridor and much of the Mountain West and Pacific Northwest. The model targets working households with subprime, thin-file, or damaged credit who need reliable transportation and are declined by traditional lenders—car-dependent suburban and small-city populations with limited public transit. Location requirements include commercial auto-retail zoning, vehicle display lot, customer parking, and an attached or nearby service facility for reconditioning and post-sale service. Visibility and access from high-traffic arterials are essential, as are state dealer licensing and compliance with sales-finance regulations. Substantial working capital and floor-plan capacity for the buy-here-pay-here portfolio are critical. Prospective franchisees should validate local subprime demand, regulatory environment, and competitive density at the territory level before committing.
Total Locations
100
Franchise units
100
Corporate locations
0
Avg. sq. footage
7000
Territory check

Is your territory available?

We'll take you through a few quick questions, then Byrider confirms availability directly.

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Availability

Financial Analysis

The numbers behind Byrider

Avg gross revenue$9,050,459
Investment range$947,000 – $1,577,500
Investment midpoint$1,262,250
Brand fund$2,450
Royalty3.5 (2.5% on car sales & 1% on collections)
Franchise fee$60,000
Min. net worth$4,000,000
Min. liquid capital$1,500,000

Veteran discount available

Byrider participates in a veteran discount program on the franchise fee. Ask your Franzy advisor or the brand for current eligibility and terms.

Byrider requires an investment of $947,000–$1,577,500 with a $60,000 franchise fee, positioning it at the high end of automotive services due to the capital-intensive buy-here-pay-here dealership model. The brand reports gross revenue of $7,031,288 per location, though this figure reflects sales volume and in-house financing activity rather than profitability or franchisee returns; margins, operating expenses, loan-loss reserves, and net cash flow to the operator remain undisclosed. Founded in 1989 and operating 100 units, Byrider demonstrates three-decade franchise maturity and a stable national footprint. The business model demands substantial working capital for inventory acquisition, vehicle reconditioning, and carrying a loan portfolio of subprime auto paper, all of which add operational complexity and credit risk not found in traditional repair or service franchises. Scalability hinges on access to floor-plan financing, state dealer and sales-finance licensing, and the ability to underwrite and service high-risk borrowers. Prospective franchisees face dual operational risk: volatile used-vehicle markets and portfolio performance tied to borrower employment stability. Investors should model charge-off rates, collection costs, regulatory compliance overhead, and the working-capital drag of carrying receivables before relying on gross revenue as a proxy for return potential.
Did you know? Byrider, a buy-here-pay-here automotive dealership franchise founded in 1989, requires a total investment between $947,000 and $1,577,500, with a franchise fee of $60,000. The model includes in-house financing, vehicle reconditioning, and post-sale service, demanding substantial working capital and inventory floor-plan financing.

Financing partners

Vetted partners, tailored to franchisees

Your Franzy advisor can connect you with these partners later in the process — competitive rates, specialized in franchise financing.

FranFund

Lender

CRF USA

Nonprofit SBA lender; provides financing for franchise acquisitions, startups, and expansion.

Lender

First Bank of the Lake

Lender

Pension Pros

Lender

The model

How Byrider works

01
Ownership
Part-Time (Executive)

Owner stays in an executive role — sets strategy, hires a manager, and oversees crews. Typically 5–20 hr/wk after ramp; many keep their day job.

Full-Time

Owner runs the business as their primary job — leads the team day-to-day on the ground, 40+ hr/wk.

02
Revenue
Recurring revenueTransaction-basedBig-ticket salesService-basedProduct sales (retail)Hybrid model
03
Customer
B2B

Sells to businesses, contractors, or property owners.

B2C

Sells directly to consumers and homeowners.

Mixed

Serves both businesses and consumers.

FDD Item 7

Initial investment range

$947K–$1.58M
Most common
$947,000
Minimum
$1,262,250
Midpoint
$1,577,500
Maximum

The investment range midpoint (from range reported on Item 7) is $1,262,250 and financing can reduce cash-at-close by 80–90%.

FDD Item 19

Average gross sales

Avg
$7.44M
YOY change (2023 -> 2026)
+3%

According to Item 19 of the Franchise Disclosure Document, Byrider has an average gross revenue of $7.03M. (Note: This information is based on the latest FDD in our records. Please review the Franchise Disclosure Document (FDD) and confirm this information directly with the brand. We make no claims of accuracy for the information presented.)

Over time

-38% YoY
81 units open as of 2026 FDD-50 in last 12 mo

2026 Franchise Disclosure

FDD documents

Below are items 2, 3, 4, 7, 11 and 19 for Byrider's 2026 FDD. The complete FDD is delivered to you directly by the franchisor, per the FTC Franchise Rule.

Estimated initial investment
FDD Item 7 · PDF
Financial performance representations
FDD Item 19 · PDF
Members-only items
Executive team
FDD Item 2 · PDF
Litigation
FDD Item 3 · PDF
Bankruptcy
FDD Item 4 · PDF
Franchisor assistance
FDD Item 11 · PDF
Members only
Unlock the 2026 FDD

Connect to download Items 2, 3, 4, and 11 — direct from the franchisor.

Buyer FAQs

Frequently asked questions

The initial investment for a Byrider franchise typically ranges between $947,000.00 and $1,577,500.00. This includes the franchise fee, equipment, real estate, and other startup costs. To get a detailed breakdown and better understand the financial requirements, we recommend scheduling a call with the Franzy team. We'll walk you through the specifics and answer any questions you might have. For more detailed information, refer to the financial sections of the FDD.

Disclaimer. The information provided on this page is based on the latest Franchise Disclosure Document (FDD) we have on record, which was issued in 2026. This information is for informational purposes only and is not intended to constitute legal, financial, or business advice. We make no guarantees or claims regarding the completeness or accuracy. Only the franchisor can confirm that the information is complete and accurate and we recommend consulting the franchisor directly for the most recent FDD and regarding any questions that you may have about the information provided.

Byrider
Byrider
$9.05M avg revenue · 100+ US franchises