What are the recurring monthly charges for a Budget franchise, as detailed in Item 7, and how do they relate to the required hardware listed in Item 6?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
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- You will incur these charges under the Rental System Agreement. The charges will vary depending on the size of your franchise, the amount of equipment you use, and whether you choose to connect to Wizard by Internet Access or Legacy SNA (Frame Relay).
- 9. You will incur these charges under the Rental System Agreement and related Addendums and Schedules. The charges will vary depending upon the size of your franchise, the amount of equipment you use, and whether you choose to connect to Thin Client via MPLS or an Aruba/DSL Based Network Solution. A Site Survey is required prior to installation. The Survey must be conducted by an ABCR-approved third-party supplier. The Site Survey fee depends upon the complexity of the installation and the accessibility of the location and equipment. The Site Survey will determine the necessary system requirements for your location. The Thin Client Terminals are purchased through ABCR from an approved thirdparty supplier. ABCR collects the fee and forwards it to the vendor, without profit. The hardware and equipment may be purchased through an approved third-party supplier and you may choose a local internet service provider, or two separate providers to ensure a more secure, redundant connection. The fees are further described in Schedule B to the Rental System Agreement and Schedule 4 to the Administrative Services Addendum.
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, Item 6 outlines that franchisees will incur recurring charges under the Rental System Agreement. These charges can vary based on the size of the franchise operation, the amount of equipment used, and the method chosen to connect to Wizard, Budget's proprietary rental system. Franchisees can connect via Internet Access or Legacy SNA (Frame Relay).
Additionally, franchisees will incur charges under the Rental System Agreement and related Addendums and Schedules, with costs varying based on franchise size, equipment usage, and the chosen connection method to Thin Client via MPLS or an Aruba/DSL Based Network Solution. A Site Survey, conducted by an ABCR-approved third-party supplier, is required before installation to determine the necessary system requirements. The franchisee is responsible for the Site Survey fee, which depends on the complexity and accessibility of the installation. Thin Client Terminals are purchased through ABCR from an approved third-party supplier, with ABCR collecting the fee and forwarding it to the vendor without profit.
The hardware and equipment may be purchased through an approved third-party supplier, and franchisees can choose a local internet service provider or two separate providers for a more secure connection. The fees are further described in Schedule B to the Rental System Agreement and Schedule 4 to the Administrative Services Addendum. It is important for prospective franchisees to carefully review these schedules to understand the potential ongoing costs associated with the technology and systems required to operate a Budget franchise.