How many Budget outlets were operating in Maine 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 |
|---|---|---|---|---|---|---|---|
| Maine | 2022 | 4 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 0 | 0 | 1 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 3 |
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 3 Budget outlets operating in Maine at the end of 2024. The table provided in Item 20 of the FDD details the changes in the number of outlets per state over the course of 2022, 2023, and 2024. In 2024, Maine had 3 outlets at the start of the year, did not open any new outlets, and did not close any outlets, resulting in 3 outlets at year end.
For a prospective franchisee, this information indicates the current scale of Budget's presence in Maine. It shows that there has been a slight decrease in the number of outlets in recent years, with one closing in 2023. However, the number of outlets remained stable in 2024. This could suggest a limited market or growth potential in the state, or it could simply reflect strategic decisions made by Budget regarding its operations in Maine.
It is important to note that this data only reflects the number of outlets and does not provide insights into their financial performance or market share. A prospective franchisee should conduct further research to understand the competitive landscape and demand for Budget's services in Maine. They should also inquire about Budget's plans for future expansion or support for existing franchisees in the state.