How many Budget outlets were operating in Kentucky at the end of 2023?
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 |
|---|---|---|---|---|---|---|---|
| Kentucky | 2022 | 9 | 1 | 0 | 1 | 0 | 9 |
| 2023 | 9 | 0 | 0 | 0 | 0 | 9 | |
| 2024 | 9 | 0 | 0 | 0 | 0 | 9 |
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 9 Budget outlets operating in Kentucky at the end of 2023. The table provided 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 the number of outlets at the end of the year for each state.
Specifically, for Kentucky in 2023, there were 9 outlets at the start of the year, no outlets opened, none reacquired, and none closed. This means that the number of Budget locations remained constant throughout the year.
Prospective franchisees can use this information to understand the stability and growth (or lack thereof) of Budget franchises in specific states. It's important to note that past performance does not guarantee future results, but this data can provide insights into the brand's presence and activity in different markets.