Byrider and CarNow Franchise Review
Byrider and CarNow is graded based on our most recent research.
Franchise FactsFounded in 1989, Byrider is the nation’s leading used car and finance enterprise. The company integrates vehicle sales and financing to provide the franchisee greatest control of the business and the ability to sell to any customer they want or feel is qualified.
How much does a Byrider and CarNow franchise cost?Byrider and CarNow has a franchise fee of up to $50,000, with a total initial investment range of $810,480 to $3,727,500.
- Initial Franchise Fee: $50,000
- Total Investment: $810,480 to $3,727,500
- Working Capital: $650,000 to $1,000,000
- Royalty Fee: 1.0%
The initial cost of a franchise includes several fees -- Unlock this franchise to better understand the costs such as training and territory fees.
How much does a Byrider and CarNow franchise make?Franchise revenue and profits depend on a number of unique variables, including local demand for your product, labor costs, commercial lease rates and several other factors. We can help you figure out how much money you can make by reviewing your specific situation. Please unlock this franchise for more information.
How many franchise locations do they have?As of the 2020 Franchise Disclosure Document, there are 118 franchised Byrider and CarNow locations in the USA.
Are there any Byrider and CarNow franchise opportunities near me?Based on 2020 FDD data, Byrider and CarNow has franchise locations in 30 states. The largest region is the Midwest with 51 franchise locations.
This franchise is expanding into new markets and might be available near you. One of our franchise experts will have detailed knowledge about this brand. Unlock to learn more and connect with our experts.
Last Reviewed: 2020
Byrider and CarNow Franchise Stats
$810,480 - $3,727,500
Franchisee Outlet Growth
# of Franchised Outlets
Do they provide any initial training and opening assistance?Yes, they have an initial training program of 72 hours. This includes 72 hours of classroom training. In their FDD they outline who’s in charge of the training. Unlock to find out more.