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Our Factsheet

Growing the business since 1958

In Summary: Day after day, Budget employees and operators at approximately 2,700 locations in more than 120 countries help support our vision, mission and values.

Quick History

Budget Rent A Car was founded by Morris Mirkin in 1958 with a $24,000 investment. The company name was chosen to appeal to the “budget-minded” or “value-conscious” renter. In 1959, in an effort to grow the business, Mirkin appealed to a distant relative, Jules Lederer, president of a Chicago-based manufacturer of writing instruments, for additional financing. Lederer formed a leasing company and leased new vehicles to Mirkin. In 1960, Lederer formed Budget Rent A Car Corporation in Chicago. The company then grew rapidly, both nationally and internationally.

In 1986, Gibbons, Green and van Amerongen Ltd. along with management and selected investors purchased Budget from Transamerica Corp. in a LBO transaction. Budget made an initial public offering of 3.2 million shares in 1987.

In 1992, Budget moved downtown Chicago headquarters to Lisle, Ill.

In April 1997, Budget was bought by Team Rental Group, Budget’s largest franchisee in the United States and changed its name to Budget Group, Inc. Budget Group began trading on the NYSE that year.

In 1997, Budget unveiled “Unlimited Budget” a travel agent loyalty program through which members receive a free Unlimited Budget debit MasterCard card and earn points (dollars) for completed bookings.

In 1998, Budget introduced “Fastbreak,” Budget’s express service with paperless transaction.

In 2002, Budget Group was delisted from the NYSE and sold Budget Rent A Car assets in the United States, Canada, Latin America, Caribbean, Australia and New Zealand to Cendant Corporation. Other worldwide assets were sold to Avis Europe, Plc. Later, Cendant moved Budget headquarters from Lisle, Ill. to Parsippany, N.J.

In 2006, Cendant Corporation separated into four independent companies: Realogy, Wyndham Worldwide, Travelport and Avis Budget Group, Inc. As a result, Budget Rent A Car System, Inc. is now a subsidiary of Avis Budget Group.

In 2011, Avis Budget Group, Inc. acquired Avis Europe plc. The transaction re-unites Avis Budget Group with its licensee for Europe, the Middle East, Africa and Asia.

… more

About this location:


Sheridan County Airport

Additional Travel Information

Small-town charm and well-preserved historical character define downtown Sheridan. Whether you plan on sticking to the city streets or venturing out into the Wyoming countryside, Budget Car Rental has the vehicle for you.

Once you’ve landed at Sheridan County Airport (SHR), head straight to the Budget counter, conveniently located on the airport grounds. Our friendly staff will help you pick out the perfect SHR car rental for your trip from Budget’s wide selection of Sheridan County Airport rental cars, so that you can be on your way in no time.

If you’re planning to enjoy the great outdoors (and how could you not?) consider one of Budget’s high-occupancy or more rugged Sheridan airport car rentals. We have SUVs, pick-up trucks and minivans for large groups and families.

Just south of the Montana border, Sheridan is known for its dramatic mountain views and a rich history. Don’t miss the Little Bighorn National Monument, the Conner Battlefield and the Trail End Historic Site. Each showcases Sheridan’s contribution to the state’s early history. Visit the SAGE Exhibit Gallery, the Sagebrush Community Arts Center or the Brinton Museum for more refined cultural offerings.

For some outdoor fun, spend an afternoon at Bighorn Canyon National Recreation Area. The whole family can get active hiking, fishing, boating or swimming.

And last but not least, a trip to the Pryor Mountain Wild Horse Range is a must! It’s been home to roaming wild horses for more than a century, and is the first such refuge dedicated exclusively to the protection of Mustangs.

Budget’s stylish and comfortable airport car rentals transform ordinary trips into unforgettable holidays. And don’t forget to sign up for the Fastbreak program.

Additional Location Information

Select from a wide variety of vehicles at Budget Sheridan County Airport, check out the latest Sheridan County Airport Car Rental Deals, and be confident that you are getting the best rental rates in Wyoming !
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