Byrider announced in a press release the company was once again recognized as a top franchise opportunity by the franchise industry publication, Franchise Times.
Byrider ranked sixth in automotive franchise opportunities and 84th overall. Byrider is the only entrant of its business model type to be ranked in the Top 400 Franchise ranking.
“The Byrider opportunity continues to show value for existing and potential franchisees,” said Byrider CEO Craig Peters. “Byrider is focused on providing an engaging customer experience built on over 30 years of the shared success of our franchisees. Ranking so favorably in the automotive category and the overall franchising market is an honor. We appreciate the hard work of our franchisees and their associates in making Byrider such an attractive offering.”
“The Franchise Times Top 400 is an exclusive annual ranking of the largest U.S.-based franchise systems by global systemwide sales. The project is the result of a five-month research and reporting effort that leads to the most credible and objective franchise ranking available,” said Franchise Times Editor-in-Chief Laura Michaels.
The collection of systemwide sales data also provides useful insight into the franchise industry’s performance as the shakeout continues following the COVID-19 pandemic. The personal services, automotive and cleaning franchise industries all saw percentage sales growth in the double digits last year. (source: Franchise Times)
Published in the October issue and available in a searchable database online, the Franchise Times Top 400 is available at www.franchisetimes.com/top-400-2023http://www.franchisetimes.com/top-400-2023.