How many Budget outlets were operating in Kansas at the start of 2022?
Budget Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers | |---|---|---| | New Jersey | 2022 | 25 | | | 2023 | 0 | | | 2024 | 0 | | Montana | 2022 | 0 | | | 2023 | 0 | | | 2024 | 7 | | South Dakota | 2022 | 0 | | | 2023 | 0 | | | 2024 | 1 | | Wyoming | 2022 | 0 | | | 2023 | 0 | | | 2024 | 2 | | Totals | 2022 | 25 | | | 2023 | 0 | | | 2024 | 10 | TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022-20241
| State | Year | Outlets at Start of Year | Outlets Opened | Term- inations | Non- Renewals
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 10 Budget outlets operating in Kansas at the start of 2022. The FDD provides a detailed table outlining the number of outlets at the start of each year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the year's end. This data is broken down by state for the years 2022, 2023, and 2024.
For a prospective franchisee, this information is valuable in understanding the stability and growth of the Budget brand in specific geographic areas. Seeing the number of outlets remain constant in Kansas over the three years suggests a stable market presence. However, it's important to note that no new outlets opened during this period, which could indicate limited growth opportunities in that state.
It is also important to consider this information in conjunction with other factors, such as local market conditions, competition, and the franchisor's support for franchisees in the area. While the number of outlets provides a snapshot of the brand's presence, further investigation is needed to assess the overall health and potential of a Budget franchise in Kansas. Reviewing the exhibit E in the FDD can provide additional information on current franchisees.