According to the Belocal agreement, what entity is designated as the "Franchisor"?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
N2 FRANCHISING, INC. FRANCHISE AGREEMENT
THIS FRANCHISE AGREEMENT ("Agreement") is entered into by and between N2 Franchising, Inc., a Delaware corporation ("Franchisor"), and [name of franchisee entity], a [name of state where entity is filed and type of entity or an individual] ("Franchisee"), and shall be effective on the date signed by Franchisor ("Effective Date"). Capitalized terms used in this Agreement are defined in Attachment A, hereto, unless otherwise defined herein.
RECITALS
- A.
Franchisor's affiliate, The N2 Company ("N2 Co."), operates a business that sells marketing services; creates and sells print and digital advertising; and owns and publishes magazines, newsletters, and/or directories ("publications") for the residents and visitors of neighborhoods, cities, towns, villages, and other residential communities ("Communities") and for members of specific commercial or professional industries or groups and specific retail or special interest groups ("Industry Groups").
- B.
Franchisor has the right to use and license the use of a system ("System") for the establishment and operation of franchised businesses that sell print advertising to businesses that wish to advertise in one or more print publications; that facilitate the publishing of publications; that sell digital advertising services; that organize local events; that solicit and compile content for the publications; and that develop relationships among residents of Communities and members of Industry Groups, all under the Marks (as defined below) ("Franchised Business").
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, N2 Franchising, Inc., a Delaware corporation, is designated as the Franchisor in the franchise agreement. This means that N2 Franchising, Inc. is the entity granting the franchise to individual franchisees. The agreement is between N2 Franchising, Inc. and the franchisee entity, which is identified by its name, state of filing, and type of entity. The agreement becomes effective on the date it is signed by Belocal, the Franchisor.
As the Franchisor, N2 Franchising, Inc. has the right to use and license a system for franchised businesses that sell print advertising, facilitate publication, sell digital advertising services, organize local events, compile content, and develop relationships within communities and industry groups. This system is identified by trademarks and service marks.
Prospective franchisees should understand that N2 Franchising, Inc., as the Franchisor, controls the franchise system and grants the rights to operate under the Belocal brand. The franchisee's rights and obligations are defined by the franchise agreement with N2 Franchising, Inc.