How many Budget outlets were operating in Kentucky at the end of 2024?
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- Renew
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 Budget outlets operating in Kentucky at the end of 2024. The FDD provides a detailed breakdown of outlet numbers by state and year, showing the changes in outlet counts over the past three years. This information is crucial for potential franchisees to understand the brand's presence and stability in specific markets.
The data indicates that in Kentucky, the number of Budget outlets has remained consistent at two from 2022 through 2024. There were no outlets opened, terminated, non-renewed, reacquired, or ceased operations during this period. This stability could be seen as a positive sign, suggesting a steady market presence in Kentucky.
Prospective franchisees should consider this information in conjunction with other factors, such as market demographics and local competition, to assess the potential for growth and success in Kentucky. While the number of outlets has remained constant, further investigation into the performance and profitability of these existing locations would provide a more comprehensive understanding of the market dynamics.