How many Budget franchises were operating in Alabama at the start 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 |
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 two different figures provided for the number of franchises operating in Alabama at the start of 2022. One table indicates that there were 7 company-owned outlets in Alabama at the start of 2022, while another table indicates that there were 10 franchised outlets in Alabama at the start of 2022. These discrepancies may be due to different accounting methods, franchise types, or errors in reporting.
It is important to note that the FDD contains multiple tables with different information regarding outlet numbers. One table lists the status of company-owned outlets, while another lists the status of franchised outlets. A prospective franchisee should pay close attention to the table titles and column headers to understand what information is being presented.
For a prospective Budget franchisee, this discrepancy highlights the importance of verifying information and asking clarifying questions. It would be prudent to discuss these differing numbers with the franchisor to understand the reasons behind the variations and to gain a clearer picture of Budget's operations in Alabama. Understanding the nuances of how Budget tracks and reports its outlet data can be crucial for making an informed investment decision.