How many Budget franchises were operating in Alabama at the end of 2022?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
022 | 192 | 4 | 0 | 0 | 0 | 6 | 190 | | OUTLETS | | | | | | | | | | | 2023 | 190 | 7 | 0 | 0 | 5 | 15 | 177 | | | 2024 | 177 | 0 | 1 | 0 | 0 | 2 | 174 | 1All figures are as of December 31 for that year.
TABLE NO. 4 STATUS OF COMPANY-OWNED OUTLETS FOR YEARS 2022-2024
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisees | Outlets at Year End |
|---|---|---|---|---|---|---|---|
| Alabama | 2022 | 7 | 1 | 0 | 0 | 0 | 8 |
| 2023 | 8 | 0 | 0 | 0 | 0 | 8 | |
| 2024 | 8 | 0 | 0 | 0 | 0 | 8 | |
| Arizona | 2022 | 33 | 1 | 0 | 1 | 0 | 33 |
| 2023 | 33 | 1 | 0 | 0 | 0 | 34 | |
| 2024 | 34 | 0 | 0 | 0 | 0 |
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 conflicting reports regarding the number of Budget franchises operating in Alabama at the end of 2022. One table indicates that Budget had 8 company-owned outlets in Alabama at the start of 2022, opened one, and had 8 at the end of the year. However, another table indicates that Budget had 10 franchised outlets in Alabama at the start of 2022 and 10 at the end of the year.
These discrepancies highlight the importance of carefully reviewing all available information and seeking clarification from Budget regarding these inconsistencies. It is essential for potential franchisees to have a clear understanding of the actual number and status of existing outlets in their target market.
Prospective franchisees should directly address these discrepancies with Budget to gain a comprehensive understanding of the franchise network's composition and performance in Alabama. Understanding the difference between company-owned and franchised locations is crucial for assessing the franchise opportunity and its potential within the state.