As of the end of 2025, how many franchised Belocal outlets were there?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
5
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2023 | 139 | 154 | +15 | | | 2024 | 154 | 133 | -21 | | | 2025 | 133 | 135 | +2 | | Company-Owned | 2023 | 1 | 3 | +2 | | | 2024 | 3 | 10 | +7 | | | 2025 | 10 | 13 | +3 | | Total Outlets | 2023 | 140 | 157 | +17 | | | 2024 | 157 | 143 | -14 | | | 2025 | 143 | 148 | +5 | Notes: All numbers are as of our fiscal year end, which is June 30.
[Remainder of Page Intentionally Left Blank]
Table No.
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 59–70)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, there were two different tables that show different numbers of franchised outlets. One table shows that at the end of 2025, Belocal had 135 franchised outlets. This table also shows that at the start of 2025, there were 133 franchised outlets, with a net change of +2.
Another table in the 2025 FDD shows that Belocal had 13 franchised outlets at the end of 2025. This table indicates that at the start of 2025, there were 6 franchised outlets, reflecting a net change of +7 during the year.
Given the discrepancy between these two tables, a prospective franchisee should seek clarification from Belocal regarding the accurate number of franchised outlets and the reasons for the differing figures presented in the FDD.