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Matt Enderlin's Byrider franchise

Enderlin receives Franchise of Year award

Submitted by BYRIDER Nov 25, 2020

thecabin– Byrider, one of America’s largest buy-here pay-here used car dealerships and franchise systems, presented the Franchise of the Year Award at the company’s annual convention.

Matt Enderlin, Shan Russell and team were named an honoree, ranking in the top three, for successfully managing three franchise locations. The convention was held virtually for the first time in the company’s 31-year history to accommodate safety precautions amid the COVID-19 pandemic.

The award recognizes best overall performance based on internal store rankings and a measure of how the business has contributed to the Byrider franchise community. This franchise group was one of three nominated for the top honor. Enderlin owns stores in Fort Smith, Conway and Sherwood, Ark. The group also opened a store in Bryant, Ark. this October.

Craig Peters, chief executive officer at Byrider, said: “Our franchisees faced unprecedented challenges in 2020, Matt Enderlin, Shan Russell and their team proved their resilience by facing these challenges head on and adapting to new norms. We’re proud to recognize this accomplishment and the franchisee’s high rankings in categories including customer advancement, service comebacks and earning, as well as being leaders in the Byrider community.”

“I am excited to recognize the owners and operators who have been key drivers of the Byrider franchise business in 2020. This team demonstrated its ability to set high standards of customer service and grow its business, even in an uncertain environment,” said Chris Hadley, Byrider vice president of franchising.

For more information, visit www.byrider.com.

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The reference to $1,522,305 above represents the two-year annual average net income from operations during the period between January 1, 2020 and December 31, 2021 (“Traditional Measurement Period”) for the top 25%, or 26 of the 107 franchisee-owned Byrider Traditional stores. 38.4%, or 10 of those 26 Traditional Mature Stores, met or exceeded that two-year annual average. The entire set of 107 Traditional Mature Stores generated a two-year annual average net income from operations of $721,720 during the Traditional Measurement Period. 42.06%, or 45 of the 107 Traditional Mature Stores, met or exceeded that average. More detailed information regarding Traditional Mature Stores, including the average net income from operations for the bottom 25% of the Traditional Mature Stores, can be found in Byrider Franchising, LLC’s Franchise Disclosure Document dated July 6, 2022. This information is not intended as an offer to sell, or the solicitation of an offer to buy, a franchise. It is for informational purposes only. Currently, the following states regulate the offer and sale of franchises: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Oregon, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin. If you are a resident of one of these states, we will not offer you a franchise unless and until we have complied with applicable pre-sale registration and disclosure requirements in your jurisdiction. © Byrider Franchising, LLC. 12802 Hamilton Crossing Blvd., Carmel, Indiana 46032. All Rights Reserved.

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