How many Budget outlets were operating in Mississippi at the start 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 Budget outlets operating in Mississippi at the start of 2024. The table provided in Item 20 of the FDD outlines the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at year-end for the years 2022, 2023, and 2024.
For a prospective franchisee, this information is useful in understanding the historical presence and stability of Budget in Mississippi. The fact that the number of outlets remained constant from 2022 to 2024 indicates a stable market presence, with no openings, closures, or transfers during this period. This could suggest a well-established market or limited growth opportunities in the state.
It is important to note that this data only reflects the number of outlets and does not provide insights into the financial performance or customer satisfaction of these locations. A potential franchisee should conduct further research and due diligence to assess the overall viability and potential profitability of operating a Budget franchise in Mississippi. This may include speaking with current franchisees, analyzing market trends, and evaluating the competitive landscape.