factual

Where can I find the General Manager designated by the Budget licensee at the date of execution of the agreement?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

The General Manager designated by Licensee at the date of execution of this Agreement is set forth in the Summary Pages (Section 5).

Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, the General Manager designated by the licensee at the date the agreement is executed can be found in the Summary Pages, specifically in Section 5. Budget requires the licensee to employ at least one full-time General Manager who has completed Budget's training program and devotes their entire time to managing the rental business.

This requirement ensures that each Budget location has a qualified individual overseeing daily operations. The General Manager is a crucial point of contact and is responsible for the location's performance and adherence to Budget's standards. Any proposed changes to the General Manager must be communicated to Budget, and any replacement must also complete Budget's prescribed training.

For a prospective franchisee, this means that identifying a suitable General Manager is a key step in setting up the franchise. The franchisee will need to ensure that the designated manager is available to attend the required training and is committed to the full-time management of the business. Furthermore, Budget retains the right to conduct background and credit checks on the General Manager, adding another layer to the approval process.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.