How many Budget outlets were operating in Alabama at the end of 2024?
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 | |
| 2024 | 8 | 0 | 0 | 0 | 0 | 8 | |
| Arizona | 2022 | 33 | 1 | 0 | 1 | 0 | 33 |
| 2023 | 33 | 1 | 0 | 0 | 0 | 34 | |
| 2024 | 34 | 0 | 0 | 0 | 0 | 3 |
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 different counts of Budget outlets operating in Alabama at the end of 2024. One table indicates that there were 8 company-owned outlets at the end of 2024. Another table indicates that there were 9 franchised outlets at the end of 2024.
It is important to note that the FDD contains two different tables, each presenting different figures for the number of Budget outlets. One table, titled "TABLE NO. 1 SYSTEMWIDE OUTLET SUMMARY FOR YEARS 2022-2024", details the status of company-owned outlets. The other table, titled "TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022-2024", details the status of franchised outlets.
A prospective franchisee should seek clarification from Budget regarding these discrepancies to understand the accurate number of operating outlets in Alabama and the reasons for the differences in the reported figures. Understanding the composition of company-owned versus franchised locations can also help a franchisee assess market saturation and potential competition in the area.
It would be prudent for potential franchisees to inquire about the specific locations of these outlets and their performance metrics to gain a clearer picture of Budget's presence and success in Alabama. This due diligence will aid in making an informed decision about investing in a Budget franchise.