How many Budget outlets were operating in Montana 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 |
|---|---|---|---|---|---|---|---|
| Montana | 2022 | 4 | 0 | 0 | 0 | 0 | 4 |
| 2023 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 0 | 0 | 0 | 0 | 4 |
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 4 Budget outlets operating in Montana at the end of 2024. The table provided in Item 20 of the FDD details the status of franchised outlets for the years 2022-2024, broken down by state. This information is useful for prospective franchisees to understand the brand's presence and stability in specific geographic areas.
The table shows that the number of Budget outlets in Montana remained constant at 4 from 2022 through 2024. There were no outlets opened, reacquired, closed, or sold to franchisees during this period. This could indicate a stable market presence or a lack of growth opportunities in the state.
For a prospective franchisee, this data suggests that the Montana market may be relatively saturated or that Budget is not actively expanding in that area. It would be prudent to investigate further to understand the reasons behind the lack of movement in outlet numbers and to assess the potential for growth in the Montana market. Reviewing Exhibit E, which lists franchisee owners as of December 31, 2024, could provide additional insights.