How many Budget outlets were opened in Arizona during 2023?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisees | Outlets at Year End |
|---|---|---|---|---|---|---|---|
| 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 was one Budget outlet opened in Arizona during 2023. The table provided in Item 20 of the FDD details the number of outlets opened, reacquired, closed, and sold to franchisees, as well as the number of outlets at the start and end of each year for each state.
Specifically, for Arizona in 2023, the table shows that there were 33 outlets at the start of the year and 34 at the end of the year. The number of outlets opened during that year was one, with no outlets reacquired from franchisees, closed, or sold to franchisees. This indicates a modest expansion of Budget's presence in Arizona during that period.
Prospective franchisees can use this information to understand the recent growth trends of Budget in specific states. While one new outlet in Arizona may seem small, it's important to consider the overall market conditions and Budget's strategic growth plans for the region. Reviewing this data over several years, as provided in the table, can give a more comprehensive view of Budget's stability and expansion efforts.