How many Budget franchises were reacquired by the franchisor in Montana during 2023?

According to Budget's 2025 Franchise Disclosure Document, two Budget franchises in Montana were reacquired by the franchisor during 2023. The table provided in Item 20 of the FDD outlines the changes in outlet counts for the years 2022, 2023 and 2024. This includes detailing the number of outlets at the start of the 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 end of the year.

For a prospective franchisee, this information is valuable in understanding the stability and changes within the Budget franchise system. Reacquisitions can occur for various reasons, such as the franchisee's failure to meet brand standards, financial difficulties, or a mutual agreement between the franchisee and franchisor. Seeing two reacquisitions in Montana during 2023 might prompt a potential franchisee to investigate further into the reasons behind these reacquisitions to better assess the risks and opportunities in that market.

It's also important to note that the FDD includes additional tables and exhibits that provide further details on franchise outlets, including transfers, terminations, and a list of current franchisees. Reviewing these materials in conjunction with the data on reacquired franchises can offer a more comprehensive understanding of the franchise system's dynamics and potential challenges. Franchisees may also want to speak with current and former Budget franchisees to gain additional insight, keeping in mind that some franchisees may have signed agreements restricting their ability to speak openly about their experiences.