|
This ranking
testifies to the hard work of our franchisees and their
employees, the integrity of our business model, and the
satisfaction of our customers.
Steve Wedding, CFO, J.D. Byrider
J.D. Byrider is among the top 10
percent of the most successful franchise systems in the nation,
according to the latest rankings by Franchise Times. The
magazine’s October issue contains its annual ranking of 1,500
U.S. franchises by worldwide sales.
“This ranking testifies to the hard work of our franchisees and
their employees, the integrity of our business model, and the
satisfaction of our customers,” said Steve Wedding, J.D.
Byrider’s chief financial officer. “That’s what has made it
possible to grow to 124 dealerships in 28 states over the past
15 years.” Byrider is growing even further, seeking qualified
business partners to open franchised locations in Washington,
D.C., Minneapolis, MN, and Newark, NJ.
Wedding said potential franchisees are attracted by Byrider’s
deep experience in used-car sales, access to an exclusive
computerized dealer operating system, and on-site financing at
each dealership that most used car sellers can’t offer.
Ira Melamed, a self-described “skeptic” who became a Byrider
franchise owner, told of some intangible advantages of being
within the system. “The camaraderie with fellow franchisees, the
open sharing of ideas, and the tackling of challenges as a group
can’t be beat,” said Melamed. “I can’t say enough about the
support you get from the J.D. Byrider franchise.”
After 25 years in new car sales, Melamed was so impressed by the
Byrider business model that in 2003 he left a top-performing
Philadelphia new car dealership to open a Byrider franchise in
that city. Like Byrider, he, too, is looking to expand into more
locations.
J.D. Byrider - Headquartered in Carmel, IN, outside
Indianapolis, J.D. Byrider was founded in 1989. Its mission is
to serve customers with special financing needs who are
routinely ignored by other dealers, and to ensure that they
receive the same quality service in every J.D. Byrider
dealership.
Sixteen years and some 550,000 vehicles later, daily
customer-satisfaction monitoring by each dealership shows an
average 95 percent satisfaction rating. There are 124
franchisee- and company-owned J.D. Byrider dealerships in 28
states. More than 5,000 people—many of them repeat customers or
referrals—trust Byrider with their business every month. For
more, visit www.jdbyrider.com.
|
RTO Online is the official channel for Rent-to-Own Industry News and the
only independent source of news for the rent-to-own, rental-purchase,
lease-purchase trade. RTO Online (Rent to Own Online) represents the choice
of the entire RTO Industry for trusted information, as it happens. |
|
Tell us what you think
Rate the article at the top of this page |
|
|
|
|