How many Budget franchises opened in Pennsylvania during 2023?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisees | Outlets at Year End |
|---|---|---|---|---|---|---|---|
| Pennsylvania | 2022 | 41 | 0 | 0 | 5 | 0 | 36 |
| 2023 | 36 | 3 | 0 | 0 | 0 | 39 | |
| 2024 | 39 | 1 | 0 | 5 | 0 | 35 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 71–79)
What This Means (2025 FDD)
According to Budget's 2025 Franchise Disclosure Document, there were 3 Budget franchises opened in Pennsylvania during 2023. The number of outlets at the start of the year was 36, and after the 3 new franchises were opened, the total number of franchises at the end of 2023 was 39.
This information is valuable for potential franchisees as it provides insight into the brand's growth and presence in specific states. Reviewing the number of franchise openings, closures, and transfers can help a prospective franchisee assess the stability and attractiveness of the Budget franchise in a particular market.
It's important to note that past performance does not guarantee future results. Factors such as market conditions, competition, and the franchisee's management skills can impact the success of a Budget franchise. Therefore, it is crucial for potential franchisees to conduct thorough due diligence and research before making any investment decisions.