Byrider
- Ownership Requirement
- Full-time
- Business Type
- Franchise
Own the Leading Used Car Franchise
Sell and finance vehicles directly to your community with a proven dual-revenue model.
Brand overview
Byrider is the nation's leading Buy Here Pay Here used car dealership and finance franchise. Operating over 130 locations nationwide, the brand holds the largest market share and strongest brand awareness in the industry. With over 40 million vehicles sold, Byrider is committed to providing reliable cars, company-backed warranties, and superior customer care at affordable costs regardless of a buyer's credit history.
Availability
We are currently accepting inquiries in these states:
Gallery
Why choose Byrider
Byrider offers a unique dual business model as both a retailer and a lender, yielding a high return on investment with flexible entry points. Franchise fees and royalties are reinvested directly into resources that help franchisees succeed. You receive best-in-class support from a seasoned Franchise Consultant who guides you through opening and running your dealership. The brand also holds strong national recognition, regularly named a top business opportunity by Entrepreneur Magazine and The Franchise Times.
Revenue Potential & Investment Requirements
Net Income
See page 46 of our 2019 franchise disclosure document (item 19- financial performance representation). Byrider Franchising, LLC. 12802 Hamilton Crossing Blvd, Carmel IN 46032: top 25% franchise owned locations – $1,008,676 equals 2-year annual average, period ending 12/31/2017-2018 of 22 mature; 36.3% exceeded net income from operations. $356,939 equals 2-year average, period ending 12/31/2017-2018 of 89 mature franchisee owned stores; 48.3% exceeded net income from operations. Mature franchisee owned stores defined as independently owned and operated for at least 4 years as of 12/31/2018.
Total investment
$250,000–$1,500,000
Cash Required
$250,000
Net worth
$3,000,000
Franchise fee
$60,000
Total units
1,140
Real estate required
Not Specified
Growth Trends
Training & support
You will be matched with a seasoned Franchise Consultant who provides hands-on guidance through every step of opening and running your used car finance franchise. Franchisees also benefit from ongoing support by operational consultants who bring real-world industry experience and practical ideas to ensure your dealership operates at peak efficiency.
Ideal candidate
Byrider is looking for savvy entrepreneurs and investors eager to turn the key on their next business venture. The franchise is also an excellent fit for existing new car dealers seeking to supplement their current operations with an additional profit center dedicated to serving subprime customers.
Join a nationally recognized brand that leads the Buy Here Pay Here industry. Submit your information today to discover how you can build a profitable dealership and finance business in your market.