factual

What is the replacement cost for an ELO for a Budget franchise?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

Hardware Cost
HP TC640/TC655 or later Thin Client $465.00
NEC AccuSync monitor $160.00
Display Port To DVI-D Adapter $12.00
2Meter DVI D M/M Video Cable $15.00
Cherry 3 in 1 Keyboard $150.00
Belkin USB - Parallel Printer Adapter $24.00
Belkin USB A - A Cable, Extension $8.00
Epson DOT Matrix 890II Series Printer $530.00
Shipping & handling $125.00
Thin Client Imaging $125.00
ELO Touch 1215 APR w/ Stylus & tether - without bracket (Signature $851.00
Capture)
Fish ELO Custom Stands $280.00
ELO Replacement Cost of $70.86 per Event. Overnight shipping costs
are additional.

Source: Item 6 — OTHER FEES(1) (FDD pages 17–29)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, the replacement cost for an ELO (presumably referring to an ELO Touch 1215 APR w/ Stylus & tether - without bracket (Signature Capture)) is $70.86 per event.

This fee structure, charged per event, suggests that Budget franchisees are only charged when a replacement ELO device is needed for a specific incident. This could be due to damage, malfunction, or loss of the device during a rental or related activity. The FDD also specifies that overnight shipping costs are additional to the $70.86 replacement cost.

Prospective Budget franchisees should factor in these potential replacement costs when forecasting their operating expenses. While the per-event charge may seem small, frequent replacements could add up, especially if the equipment is prone to damage or theft. It would be prudent to inquire with Budget about the typical frequency of ELO replacements and any strategies for minimizing these costs.

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.