How many Budget outlets were operating in Mississippi 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 |
|---|---|---|---|---|---|---|---|
| Mississippi | 2022 | 6 | 0 | 0 | 0 | 0 | 6 |
| 2023 | 6 | 0 | 0 | 0 | 0 | 6 | |
| 2024 | 6 | 0 | 0 | 0 | 0 | 6 |
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 6 company-owned Budget outlets operating in Mississippi at the end of 2024. The table provided in Item 20 of the FDD details the number of outlets at the start and end of each year, as well as any changes that occurred during the year, such as openings, closures, or re acquisitions. For Mississippi, the data shows that there were 6 outlets at the start of 2024, and no changes occurred during the year, leaving 6 outlets at the end of 2024.
This information is valuable for potential franchisees as it provides insight into the stability and growth of Budget in specific states. The fact that the number of outlets in Mississippi remained constant from 2022 to 2024 could indicate a stable market presence. However, it's important to consider this information in conjunction with other factors, such as market saturation and local economic conditions, to get a comprehensive understanding of the franchise's potential in that area.
Prospective franchisees should also inquire about the performance of these existing outlets in Mississippi to gauge the potential profitability and success of a new franchise location. Understanding the reasons behind the lack of growth in Mississippi, whether due to market saturation, lack of suitable locations, or other factors, is crucial for making an informed investment decision.