How many Budget outlets were operating in Idaho at the start of 2023?

According to Budget's 2025 Franchise Disclosure Document, there were 7 Budget outlets operating in Idaho at the start of 2023. The provided table in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at year end for the years 2022, 2023, and 2024. This information is broken down by state, allowing prospective franchisees to see the historical performance of Budget locations in specific geographic areas.

For a prospective franchisee, this data is valuable in assessing the stability and growth potential of Budget in Idaho. The fact that the number of outlets remained constant at 7 from 2022 through 2024 suggests a stable market presence. However, it also indicates a lack of expansion during this period. A potential franchisee might want to investigate the reasons for this lack of growth, such as market saturation, competition, or other factors specific to the Idaho market.

It is important to note that this data only reflects the number of outlets and does not provide information on the financial performance of those outlets. A prospective franchisee should also seek information on revenue, expenses, and profitability to get a complete picture of the potential investment. Additionally, the franchisee should inquire about Budget's plans for future development in Idaho and whether there are opportunities for growth in the state.

Overall, the information provided in Item 20 offers a starting point for evaluating the franchise opportunity in Idaho. However, further due diligence is necessary to fully understand the market dynamics and potential for success.