Byrider Franchising

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Three Reasons to Open a Byrider Dealership

 

Byrider has a used car dealer franchise opportunity that stands out from all the rest. Our unique approach to running an auto loan franchise has resulted in Byrider becoming the largest company in the used car market industry. But why should YOU open a Byrider Dealership in your community? 

 

Serve the Underserved 

According to Experian, nearly ⅓ of U.S. consumers have a subprime credit score. Everyone needs access to transportation so that they can get to work, pick up their children from school, or go to the grocery store. Consumers with subprime credit struggle to get approved for auto financing. Byrider looks at factors beyond their credit score, getting over one million customers into reliable vehicles at affordable prices in thirty-plus years of business. We are able to serve these customers where traditional dealerships cannot because Byrider dealerships offer them financing directly. Connecting customers with the vehicle they need can improve their lives, and we’re proud that we can help communities all across the country. 

Be a Part of a Beloved Brand

Building a reputation as an honest business with a quality offering isn’t easy, especially in the used car business. Many customers find the car-buying process to be stressful and are always worried about getting the best deal on a quality vehicle. Independently-owned dealerships often struggle to create a strong reputation in their community – it can take years of great service. Byrider, on the other hand, has already put in over three decades of work establishing ourselves as a reputable source for great cars and financing. We currently have an A+ rating with the Better Business Bureau and top rankings in the Entrepreneur “Franchise 500” and Franchise Times “Top 200+”. People across the country already know and trust the Byrider name, lending immediate credibility to franchisees opening new locations.

Get a Team of Experts in the Passenger Seat

Whether you’re an auto dealership veteran or have never owned your own business before, our business model, combined with excellent support, makes Byrider a great option for entrepreneurs of any background. But you won’t be going it alone. A Byrider team of experts will be your copilot every step of the way – from site selection to opening day and beyond. We prepare you to open your business with confidence and give you the best chance to get a high return on your investment. Whether you have tons of time to devote to learning the business and staying abreast of industry trends, or your time is limited, we tailor our training programs and levels of support to fit your needs.

 

If you’d like to find out more about how to start a used car franchise with Byrider, get in touch today!

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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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