What was the total number of Budget franchise transfers across all states in 2024?

According to Budget's 2025 Franchise Disclosure Document, there were a total of 10 franchise transfers across all listed states in 2024. This figure represents the total number of existing Budget franchises that were sold or transferred to new franchisees during that year. These transfers occurred in Montana (7), South Dakota (1), and Wyoming (2). New Jersey, which had 25 transfers in 2022, had no transfers in 2023 or 2024.

For a prospective Budget franchisee, the number of transfers can be an important indicator of the health and stability of the franchise system. A high number of transfers could suggest that franchisees are struggling or dissatisfied, while a low number could indicate a stable and successful system. However, it's important to consider the context of these numbers. For example, a small number of transfers in a small franchise system might be more significant than a larger number in a large system.

It is also important to note that the data provided only covers a limited number of states. The absence of transfer data for other states does not necessarily mean that no transfers occurred in those states, but rather that the information was not included in this particular table. A prospective franchisee should inquire about transfer activity in specific states of interest to gain a more complete understanding.

Therefore, while the provided data offers some insight into franchise transfers within Budget, further investigation and direct communication with the franchisor are recommended to obtain a comprehensive view of franchise transfer activity across the entire system.