How many Budget outlets opened in Missouri during 2023?
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 | |
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 Missouri during 2023. The table provided in Item 20 of the FDD outlines the number of outlets opened, reacquired, closed, and sold to franchisees, as well as the number of outlets at the start and end of the year for each state. This information is presented for the years 2022, 2023, and 2024.
For a prospective franchisee, this data offers insight into the brand's growth and stability within specific geographic areas. The 'Outlets Opened' column indicates expansion activity, while the 'Outlets Closed' column may signal potential challenges or market saturation. Reviewing this data over multiple years can reveal trends and patterns that may influence a franchisee's decision to invest in a particular location.
It's important to note that the data reflects company-owned and franchised locations. A prospective franchisee should also consider the overall number of outlets in a state, as a higher concentration of outlets could lead to increased competition. Additionally, the FDD includes notes regarding subfranchise or master distribution agreements in certain areas, such as Southern California and Las Vegas, which may affect franchise development opportunities in those regions.