Does Budget guarantee a Budget franchisee's lease?

According to Budget's 2025 Franchise Disclosure Document, Budget does not guarantee a franchisee's lease. Item 10 states that "Budget does not guarantee your note, lease, vendor purchases, or any other obligation."

This means that prospective Budget franchisees are solely responsible for securing their own leases and financing without any guarantee from Budget. This is a common practice in franchising, as the franchisee is an independent business owner.

Therefore, franchisees must rely on their own creditworthiness and business plan to secure a lease for their Budget franchise location. This lack of guarantee increases the financial risk for the franchisee, as they are fully liable for lease payments and other financial obligations.