How many Budget franchises were operating in North Dakota at the end of 2024?
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- Renewals
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 Budget franchises operating in North Dakota at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets by state for the years 2022, 2023 and 2024.
Specifically, for North Dakota, the table shows that Budget had two outlets at the start of 2022, and no outlets opened, terminated, non-renewed, reacquired by the franchisor, or ceased operations. This resulted in two outlets at the end of 2022. The same pattern continued in 2023, with two outlets at the start and end of the year.
In 2024, Budget started with two outlets in North Dakota, opened no new outlets, and experienced no terminations, non-renewals, re acquisitions, or ceased operations. Therefore, Budget ended 2024 with two outlets in North Dakota. This information is valuable for prospective franchisees to understand the stability and presence of the Budget brand in specific states.