The Byrider Brand Continues to Grow!
The Byrider Franchise Brand Enjoys Continued Growth!
It’s been an incredible time for the Byrider franchise brand as we continue to open new dealerships across the country and grow our offering to include the Byrider Direct program — an investment option that allows more potential franchisees to join the Byrider family. While other brands and industries saw (and may continue to see) economic challenges as a result of the pandemic, the Byrider franchise brand continues to come out on top!
A Year of Growth
No one can deny that 2020 was a challenging year, and unfortunately for many businesses in numerous industries, it has proven to be more than that; according to a recent study, 34% of small businesses in the U.S. are still closed as a result of the pandemic. And while the Byrider franchise family has certainly had to adjust to a new normal, we’re extremely proud to report that we’ve enjoyed growth over the course of the year to include new dealership locations across the country. We’ve welcomed new franchisees in Arkansas, Michigan, Texas, Georgia, and Louisiana, with more on the horizon!
Recognized as a Top Offering
Last year also saw the Byrider franchise opportunity once again being recognized by Franchise Times as a premier offering, earning a coveted 109th spot on their list of Top 200+ Franchises in the U.S.
“Byrider consistently ranks among the best franchises, but each year’s recognition is always welcome and makes us proud to be part of the Byrider family,” says Jack Humbert, Byrider’s Vice President of Development.
Our time-tested business model, training and support, and recognized and respected brand name are just a few of the reasons why we continue to be a sought-after investment opportunity and why more and more communities across the country continue to welcome us into their fold. We’re honored to be there for them and are always available to help our franchisees offer world-class services at every turn.
An Additional Investment Model
This year is a busy time for the Byrider franchise brand for all kinds of reasons, not the least of which is the development and growth of our new investment model, the Byrider Direct program.
Byrider Direct provides franchisees the opportunity to focus solely on the retail side (sales and service) while still enjoying strong returns. Byrider Direct requires a lower capital investment and provides finance and portfolio support that will allow new franchisees to harness the expertise of Byrider’s long track record of success.
“Byrider Direct is a leaner, meaner version of the traditional Byrider model, and it comes with everything a potential franchisee would expect,” continues Humbert. “We’re engaging new investors with expanded investment level ranges to provide multiple options of entry to build a dealership and help consumers get a fresh opportunity to finance and own a quality vehicle.”
It’s been an exciting, challenging, rewarding time for Byrider and our family of franchisees, and we’re optimistic about the future. We’d love for you to be part of it!
Ready to find out more about the Byrider franchise offering? We’re here to answer any questions you might have, so get in touch today!