How many Budget outlets were sold to franchisees in Florida during 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 |
|---|---|---|---|---|---|---|---|
| Florida | 2022 | 136 | 4 | 0 | 0 | 0 | 140 |
| 2023 | 140 | 5 | 0 | 1 | 0 | 144 | |
| 2024 | 144 | 2 | 0 | 0 | 0 | 146 |
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 zero outlets sold to franchisees in Florida during 2022. The FDD provides a table outlining outlet activity by state, including the number of outlets opened, reacquired, closed, and sold to franchisees.
Specifically, for Florida in 2022, the table shows the following: 136 outlets at the start of the year, 4 outlets opened, 0 outlets reacquired from franchisees, 0 outlets closed, 0 outlets sold to franchisees, and 140 outlets at year end. This indicates that while Budget did open 4 new locations in Florida, there were no existing locations sold to new franchisees during that year.
This information is valuable for potential franchisees as it provides insight into the stability and growth patterns of Budget franchises in specific states. The absence of sales to franchisees in Florida during 2022 could suggest a preference for new locations or a lack of franchisee turnover in that market. It's important to note that this data reflects only a single year and may not be indicative of long-term trends.