How many Budget franchises were operating in Louisiana at the end of 2024?
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 | 34 | |
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 15 Budget franchises operating in Louisiana at the end of 2024, according to one table. Another table indicates there were 3 Budget franchises operating in Louisiana at the end of 2024. These numbers may vary due to the different ways Budget categorizes and reports its franchise data.
Specifically, one table shows that the number of Budget outlets in Louisiana remained constant at 15 from 2023 to 2024. This suggests a stable market presence with no openings, re acquisitions, closures, or sales during that year.
Another table shows that the number of Budget outlets in Louisiana remained constant at 3 from 2023 to 2024. This also suggests a stable market presence with no openings, re acquisitions, closures, or sales during that year.
A prospective franchisee should clarify with Budget which table is most accurate and what accounts for the discrepancy between these figures.