
Website: www.eryd.us
Franchise Fee: $50,000
Royalties: 6%
Cash Investment: $50,000
Total Investment: $240,000 - $345,250
Net Worth: $500,000
VetFran: No
SBA Approved: Yes
Master Franchise / Area Developer Opportunity: Yes
The franchise that we offer is for ERYD, an entertainment and experience driven electric scooter
rental business focused on local events, missions, and social experiences. We offer individual
unit franchises and area development franchises for the development of multiple ERYD Business
within a designated territory.
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WHY ERYD?
First To Market
Franchisor Is Best In Market
Great Hands On Support Team
OUR IDEAL FRANCHISEE
Experienced In Business
Financially Accomplished
Owner Driven (At Least Initially During Ramp Up)
AVAILABLE MARKETS
US markets available: GA, LA, TN & TX
HOT Regions/Desirable: TX
Pending: FL, NC & SC
NOT available: Any not listed above
Available in Canada: No
International Referrals: No
BACKGROUND
Year founded: 2019
Year Franchised: 2024
Number of franchises currently operating: 0
Number of International franchises currently operating: 0
Number of corporate owned franchises: 2 Physical Locations, 5 Pop-Up Locations
Home Based: No
Absentee ownership available: No
Semi-Absentee ownership available: Yes
Accepting Master Franchisor and Area Developer Referrals: Yes
Average number of employees required: 3
E2 Visa Friendly: Yes
FINANCIAL DETAILS
Franchise Fee: Single: $50,000
Providing earnings guidance in Item 19 in FDD: Yes
Total investment range: Single Unit: $240,000 - $345,250 Multi-unit: $300,000 - $465,250
Net worth requirement: $1,000,000
Royalty: 6%
Additional fees: Brand Development Fund 2% up to 3%, Local Marketing 4.5%, ERYD APP 1%, Technology Fee $500-$1000 Monthly
Financial assistance available: No
VetFran program: No
Veterans/Minorities/First Responders Discount? No
SUPPORT & TRAINING PROVIDED
Training and support program details:
Our Story, Brand and Success Factors 4 In Houston, Texas
The Products and Services We Offer 4 In Houston, Texas
The Sales Process and Training 4 (Classroom) & 6 (On-Site) In Houston, Texas
Product Demonstration and Features 4 In Houston, Texas
The Operations Process and Training 4 (Classroom) & 6 (On-Site) In Houston, Texas
Marketing and Location Setup 4 (Classroom) & 6 (On-Site) In Houston, Texas
The Business Plan and Getting Started 4 (Classroom) & 6 (On-Site) In Houston, Texas
Subtotal Hours 28 (Classroom) 24 (On-Site)
Total Hours 52
Cost for Training: Travel Expenses Are Paid By The Franchisee. Training Included In Franchise Fee
Lodging and airfare included: No
Site Selection Assistance: Yes
Lease Negotiation Assistance: Yes
Mentor following training: Yes
Length of mentoring Franchisee: Ongoing
My Notes
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Year founded: 2019
Year Franchised: 2024
Home Based: No
| Franchise Fee: | $50,000 |
|---|---|
| Providing Earnings Guidance in Item 19 in FDD: | Yes |
| Total Investment Range: |
Single Unit: $240,000 - $345,250 |
| Net Worth Requirement: | $500,000 |
| Royalty: | 6% |
| VetFran Program: | No |
There are currently no resales listed for this franchise.