How many Budget outlets were operating in Massachusetts at the start of 2022?
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 |
|---|---|---|---|---|---|---|---|
| Massachusetts | 2022 | 30 | 1 | 0 | 0 | 0 | 31 |
| 2023 | 31 | 0 | 0 | 0 | 0 | 31 | |
| 2024 | 31 | 0 | 0 | 0 | 0 | 31 |
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 30 Budget outlets operating in Massachusetts at the start of 2022. The table provided in Item 20 of the FDD details the number of outlets at the start of the year, any outlets opened during the year, outlets reacquired from a franchisee, outlets closed, outlets sold to franchisees, and the number of outlets at the year's end.
For a prospective franchisee, this information is helpful in understanding the brand's presence and activity in a specific state. The number of outlets at the start of the year provides a baseline, while the changes throughout the year indicate growth, decline, or stability. Openings suggest expansion, closures may indicate challenges, and re acquisitions or sales could signal changes in ownership or management strategies.
Specifically, for Massachusetts in 2022, Budget started with 30 outlets and opened 1 during the year, with no outlets being reacquired from a franchisee, closed, or sold to franchisees. This resulted in 31 outlets at the end of 2022. This data point provides insight into the brand's performance and network size in Massachusetts during that period, which can be a factor in a potential franchisee's decision-making process.