How many Budget franchises were operating in New Hampshire 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 | |
| Arkansas | 2022 | 7 | 0 | 0 | 0 | 0 | 7 |
| 2023 | 7 | 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 zero franchises operating in New Hampshire at the end of 2024, according to one table. Another table indicates there was one franchise operating in New Hampshire at the end of 2024.
Item 20 of the FDD includes multiple tables outlining the status of franchised outlets for the years 2022-2024. These tables provide different perspectives on outlet activity, such as openings, closures, and transfers. The discrepancy in the number of franchises operating in New Hampshire at the end of 2024 highlights the importance of carefully reviewing all available data and seeking clarification from Budget regarding any inconsistencies.
Prospective franchisees should pay close attention to the definitions and methodologies used in each table to understand what factors contribute to the reported numbers. For example, it is important to understand what constitutes an "outlet" and how transfers or closures are classified. Understanding these nuances is essential for accurately assessing the health and growth potential of the Budget franchise system in specific geographic areas.
Given the conflicting information, it is crucial for potential franchisees to directly engage with Budget to reconcile these figures. Asking specific questions about the data collection methods and definitions used in each table will provide a clearer picture of franchise activity in New Hampshire and other states of interest. This due diligence will help in making an informed decision about investing in a Budget franchise.