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J.D. Byrider

2015 Franchise 500
#223
At a Glance

Products & Services: Used auto sales and financing

Number of Locations: 169

Total Investment: $675.5K - $5.3M

Founded: 1979

Began Franchising: 1989

About J.D. Byrider

Founded in 1989, J.D. Byrider is a used car and finance company. The franchise integrates vehicle sales and financing, allowing franchisees the ability to sell to any qualified customer.

Franchise Units

Year U.S. Canadian International Company Owned
2015 139 0 0 30
2014 138 0 0 23
2013 126 0 0 23
2012 124 0 0 20
2011 119 0 0 15
Where Seeking Franchisees: Franchisor is seeking new franchise units worldwide.

Startup Costs, Ongoing Fees and Financing

Total Investment: $675,480 - $5,277,500
Franchise Fee: $50,000
Ongoing Royalty Fee: 2.5%
Term of Franchise Agreement: 10 years, renewable
Financial Requirements
Net Worth: $1,000,000
Liquid Cash Available: $1,000,000
Operations
60% of all franchisees own more than one unit. Number of employees needed to run franchised unit: 12 - 20. Absentee ownership of franchise is allowed. (50% of current franchisees are owner/operators).
Financing Type In-House Third Party
Franchise Fee
Startup Costs
Equipment
Inventory
Accounts Receivable
Payroll

How This Franchise Supports Franchisees

Training: Available at headquarters: 2 weeks. At franchisee's location: Varies. Web-based curriculum
Ongoing Support: Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Security/safety procedures, Field operations/evaluations, Lease Negotiation
Marketing Support: Co-op advertising, Ad slicks, Regional advertising,

Franchise Ranking History

Franchise 500®: #223 (2015), #232 (2014), #221 (2013), #221 (2012), #383 (2011),

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