Does the Budget Franchise Disclosure Document include the Avis Budget Group, Inc. financial statements?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
I have received a disclosure document issued on April 30, 2025 and effective in the franchise registration states on the dates listed in Exhibit A. This disclosure document included the following Exhibits:
- A State Agencies/Agents for Service of Process/State Effective Dates
- B Laws and Regulations Concerning the Car Rental Industry (Including Disclosures Regarding Americans with Disabilities Act)
- C FTC Consent Orders
- D Confidentiality Agreement
- E List of Franchisees
- F List of Former Franchisees and Franchisees Who Have Not Been in Communication with Budget
- G Financial Statements of Avis Budget Group, Inc.
- H Budget Rent A Car System License Agreement, including Nondisclosure and Noncompetition Agreement
- H-1 SBA Addendum
- H-2 General Release
- I Rental System Agreement
- J Intercity Rules and Regulations
- K State-Specific Additional Disclosures and Riders
- L Table of Contents of Manual
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, the document includes the financial statements of Avis Budget Group, Inc. as Exhibit G. This is a standard practice in franchising, as it allows potential franchisees to assess the financial stability and performance of the parent company.
As a prospective franchisee, reviewing these financial statements is crucial. It provides insights into the overall financial health of Avis Budget Group, Inc., which can impact Budget's ability to support its franchisees. Key areas to examine include revenue trends, profitability, debt levels, and cash flow.
By carefully analyzing these financial statements, potential franchisees can make a more informed decision about investing in a Budget franchise. Understanding the financial standing of the parent company can help assess the long-term viability and potential risks associated with the franchise.