What was the total amount of 'Property and equipment additions' for Budget's Americas region in 2022?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| Americas | International | Unallocated Assets (a) | Total | |
|---|---|---|---|---|
| 2022 Property and equipment additions Assets exclusive of assets under vehicle programs Assets under vehicle programs Net long-lived assets | $ 117 | $ 33 | $ 96 | $ 246 |
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 79)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, the total amount of 'Property and equipment additions' for the Americas region in 2022 was $117 million. This figure represents the investment Budget made in its property and equipment within the Americas during that year.
For a prospective franchisee, this indicates the level of ongoing capital investment Budget makes to maintain and upgrade its facilities and equipment. It is important to note that this figure is for the entire Americas region, not an individual franchise location. However, it provides insight into Budget's commitment to reinvesting in its business.
Understanding these capital expenditure trends can help a franchisee assess the long-term viability and growth potential of the Budget franchise system. While this specific figure doesn't directly impact initial investment, it reflects the financial health and strategic decisions of the franchisor, which can indirectly affect franchisee success.