What is the definition of 'Pre-Print Sales Requirement' for Belocal franchisees?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
We also require you to make a minimum number of Qualified Sales in the first sixteen weeks of your operation of the Franchised Business ("Pre-Print Sales Requirement"). Although subject to change, currently the Pre-Print Sales Requirement is that you make at least ten Qualified Sales in the first sixteen weeks of your operation of the Franchised Business. If you fail to satisfy the Pre-Print Sales Requirement, we may provide you with a Business Improvement Plan with metrics and strategies for you to improve your sale of advertising contracts. Failure to successfully complete any Business Improvement Plan is a default under the Franchise Agreement and is grounds for termination of the Franchise Agreement.
Source: Item 12 — TERRITORY (FDD pages 42–44)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, the Pre-Print Sales Requirement mandates that a new franchisee must achieve a minimum number of Qualified Sales within the initial sixteen weeks of operating their Belocal franchise. Currently, this requirement is set at a minimum of ten Qualified Sales during this period.
A "Qualified Sale" is defined as either a new advertising contract with a term of at least 12 months or one that generates Cash Received of at least $150 per month. Failing to meet this Pre-Print Sales Requirement may lead to Belocal providing the franchisee with a Business Improvement Plan, which includes strategies and metrics aimed at improving advertising contract sales.
It's important to note that failure to successfully complete any Business Improvement Plan can result in a default under the Franchise Agreement, potentially leading to its termination. This initial sales target is designed to ensure new franchisees gain early traction and establish a sustainable business foundation. Prospective franchisees should carefully consider their ability to meet this requirement within the given timeframe, as it is a critical factor in maintaining good standing with Belocal.