What is the full legal name of the Budget franchisor?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
Budget Car Rental System, Inc. authorizes the agents listed in Exhibit A to receive service of process on our behalf.
Source: Item 23 — RECEIPTS (FDD pages 80–426)
What This Means (2025 FDD)
According to the 2025 Budget Franchise Disclosure Document, the full legal name of the franchisor is Budget Rent A Car System, Inc. This entity is the one granting the franchise and is responsible for upholding the obligations outlined in the franchise agreement.
As a prospective franchisee, it is important to understand that all legal and contractual obligations will be with Budget Rent A Car System, Inc. This includes receiving the disclosure document, signing the franchise agreement, and making payments related to the franchise. Any legal matters or disputes would involve this specific corporate entity.
Furthermore, Budget Car Rental System, Inc. authorizes specific agents, as listed in Exhibit A of the FDD, to receive service of process on its behalf. This means that if any legal action is taken against Budget, the designated agents are authorized to accept legal notices.