How many Budget outlets were operating in the District of Columbia at the end of 2024?
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 |
|---|---|---|---|---|---|---|---|
| District of | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
| Columbia | |||||||
| 2023 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 6 |
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 6 Budget outlets operating in the District of Columbia at the end of 2024. The provided table in Item 20 details the changes in outlet numbers for each state over the past three years. In the District of Columbia, the number of outlets remained constant at 6 for the years 2022, 2023 and 2024. There were no outlets opened, reacquired, closed, or sold to franchisees during this period.
For a prospective franchisee, this indicates a stable market presence for Budget in the District of Columbia. The absence of outlet openings or closures in recent years could suggest a mature market with limited growth opportunities, or it could reflect a deliberate strategy by Budget to maintain a consistent footprint in the area.
It is important to note that this data only reflects the number of outlets and does not provide insights into the financial performance or customer satisfaction of these locations. A potential franchisee should conduct further due diligence to assess the overall health and potential of the Budget franchise in the District of Columbia, including speaking with existing franchisees and reviewing market trends.