Why Choose Byrider
There's a Reason Byrider is a Top Automotive Franchise Opportunity
RETURN ON INVESTMENT
When you pay your franchise fee and royalty payments, that money doesn’t simply disappear into thin air. Your contributions are reinvested in resources that will go a long way toward helping you succeed as a franchisee. All of which has the potential to gain $1,137,571 annual net income from operations*.
BEST IN CLASS SUPPORT
Regardless of your learning style, and time constraints, Byrider has the training option for you. Formal training is conducted at the Byrider training center in Carmel, IN, for sales, service, finance, accounting, and personnel management. Regional training is carried out at various sites throughout the year. And we also offer OnTrack, an online learning opportunity designed for personnel with limited time.
PROPRIETARY DEALER MANAGEMENT SYSTEM
Our proprietary Discover™ Dealer Management System (DMS) fully integrates and automates information gathering from all aspects of the business, including outside sources such as credit bureaus. It allows the data to be collected into a centralized warehouse facility where it is verified, sorted and transmitted to our franchisees as a set of useful management tools and reports.
BRAND RECOGNITION
The Byrider brand is often recognized as one of the top automotive franchises in the country, especially by Entrepreneur Magazine, and The Franchise Times. Our Vision Statement and Our Values have helped shape the brand by focusing on customer satisfaction. Our numbers are among the highest of any business in any category including a 4.3 overall google star-rating system-wide.
The Numbers
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Vehicles Sold
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System-wide Star Rating
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Dealerships Nationwide
You have options
Now You Can Take Advantage Of Everything Byrider Has To Offer With Two Great Opportunities.
Our used vehicle and finance automotive franchise is a top investment opportunity for anyone looking to own an automotive dealership and capitalizes on our robust industry — and now, that opportunity can be enjoyed by even more investors.
Byrider is the nation’s leading buy-here-pay-here used car dealership franchise. The ability to offer customers on-the-spot financing is a competitive edge and sets our brand apart. Byrider has two great franchise offerings to fit different goals and investment levels.
The Traditional
Byrider Model
Sales. Service. Finance. Collections
Our traditional offering comes with everything you’d expect from a Byrider auto loan franchise opportunity, from sales, service, financing, and collections. You’ll be doing it all from start to finish with an integrated model that allows you to acquire inventory, recondition the vehicles, sell and service vehicles, underwrite, and collect on the financing as you grow your portfolio of automotive receivables.
Byrider Direct
Sales. Service.
We created the Byrider Direct Program to keep things simple. Our new offering comes with everything you’d expect from a Byrider auto loan franchise opportunity while taking advantage of our Byrider Finance support to underwrite loans and perform needed collection activity. The franchisee acquires the inventory, reconditions the vehicles, and sells and services them, while Byrider Finance will own the portfolio of automotive receivables, thus performing all needed underwriting and collection activity.
Regardless of which Byrider path you choose to own your own dealership, your location enjoys perks like a protected territory, our training, operational support, and our expert marketing!
START OR EXPAND YOUR BUSINESS WITH LOANS GUARANTEED BY THE SMALL BUSINESS ADMINISTRATION.
While Byrider Franchising does not directly provide or guarantee any financing to its franchisees, we do maintain relationships with many banks and lending institutions that are familiar with both the financing of subprime automotive receivables and our particular business model. We are happy to help make introductions to those lenders.
Our partnership with SBA can help franchisees get the funding they need to start and fund their new Byrider Direct venture.
Our Available Territories
Byrider is the nation’s leading buy-here-pay-here used car dealership franchise and we’re identifying new markets all the time. Check out which ones are available now.
A Byrider Franchise Is a Great Transition
into Civilian Life
The franchise model is a popular way for veterans to get back into civilian life because it allows them to use many of the skills that served them well while they were serving their country.
If you’re a veteran who wants to continue a life of service as a civilian, a Byrider franchise for veterans could be your next best move! We’re a smart fit for those looking to transition from a military career.
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