How many Budget franchises were transferred in Wyoming during 2024?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Wyoming | 2022 | 0 |
| 2023 | 0 | |
| 2024 | 2 |
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 2 franchise transfers in Wyoming during 2024. This information is based on data compiled by Budget regarding franchise transfers to new owners, excluding transfers to the franchisor or its affiliates.
For a prospective franchisee, this indicates the level of resale activity within the Budget franchise system in Wyoming. A higher number of transfers might suggest a more active market for existing franchises, while a lower number could indicate stability or a lack of opportunities to acquire existing businesses.
It is important to note that these figures only reflect transfers to new owners and do not include instances where Budget reacquired the franchise. Reviewing transfer rates over multiple years, as provided in the table, can offer a more comprehensive understanding of franchise ownership changes within specific states.