How many Budget outlets were reacquired from franchisees in Delaware during 2023?
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 |
|---|---|---|---|---|---|---|---|
| Delaware | 2022 | 7 | 1 | 0 | 0 | 0 | 8 |
| 2023 | 8 | 2 | 0 | 1 | 0 | 9 | |
| 2024 | 9 | 0 | 0 | 1 | 0 | 8 |
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 no Budget outlets reacquired from franchisees in Delaware during 2023. The table provided in Item 20 of the FDD outlines the number of outlets reacquired from franchisees by state and year.
Specifically, for Delaware in 2023, the 'Outlets Reacquired from Franchisee' column shows a value of 0. This indicates that Budget did not reacquire any franchise locations from its franchisees in Delaware during that year.
This information is valuable for prospective franchisees as it provides insight into the stability and relationship between Budget and its franchisees in specific regions. A high number of re acquisitions could indicate potential issues with franchisee success or franchisor-franchisee relations, while a consistent record of zero re acquisitions, as in the case of Delaware, may suggest a more stable and supportive franchise environment.