factual

Under what conditions can Budget change the charge for participating in the System's U.S. Internet communications hub?

Budget Franchise · 2025 FDD

Answer from 2025 FDD Document

  • (b) The charge for participating in the System's U.S. Internet communications hub may be changed from time to time upon written notice to Licensee based upon actual pro rata expenses incurred by ABCR to establish and maintain such facilities.

Source: Item 23 — RECEIPTS (FDD pages 80–426)

What This Means (2025 FDD)

According to Budget's 2025 Franchise Disclosure Document, the charge for participating in the System's U.S. Internet communications hub can be changed. ABCR (presumably a Budget affiliate) may change this charge from time to time.

This change is conditional upon written notice being provided to the franchisee. The basis for the change must be due to actual pro rata expenses incurred by ABCR. These expenses must be related to establishing and maintaining the internet facilities.

For a prospective Budget franchisee, this means that the monthly "Wizard Access Charge" outlined in Schedule 3 for the System's U.S. Internet communications hub is not fixed. It can fluctuate based on ABCR's costs, so franchisees should factor in potential increases when budgeting. It would be prudent to inquire about the historical frequency and magnitude of these changes to better anticipate future 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.