How many Budget franchises were operating in Indiana at the start of 2022?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | New Jersey | 2022 | 25 | | | 2023 | 0 | | | 2024 | 0 | | Montana | 2022 | 0 | | | 2023 | 0 | | | 2024 | 7 | | South Dakota | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Wyoming | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | Totals | 2022 | 25 | | | 2023 | 0 | | | 2024 | 10 | TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022-20241
| State | Year | Outlets at Start of Year | Outlets Opened | Term- inations | Non- Rene
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 was one Budget franchise operating in Indiana at the start of 2022. The FDD provides a detailed table outlining the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the year's end for each state. This information is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this data offers insights into the stability and growth of Budget franchises across different states. The Indiana market, with a consistent presence of one franchise over the three years, may indicate a stable but limited market for Budget's services. It is important to note that the table specifically tracks the number of franchise outlets and does not include company-owned outlets, which are tracked in a separate table.
This information is valuable for potential franchisees as it provides a historical overview of franchise performance and market presence in specific regions. Reviewing these trends can help in assessing the potential risks and opportunities associated with investing in a Budget franchise in a particular state. It is also important to consider other factors, such as local market conditions and competition, when making investment decisions.
Prospective franchisees should further investigate the reasons behind the limited number of franchises in Indiana by speaking with the franchisor and existing franchisees. Understanding the specific market dynamics and challenges in Indiana can help in making a more informed decision about investing in a Budget franchise.