What is the legal structure of N2 Franchising, Inc., the franchisor of Belocal?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
N2 Franchising, LLC, was a Delaware limited liability company that was formed on October 26, 2016. On September 6, 2019, N2 Franchising, LLC converted to N2 Franchising, Inc., a Delaware corporation. Our principal business address is 9151 Currency Street, Irving, Texas 75063. We have no parents or other predecessors. We do business under our corporate name, "BELOCAL," and the names "N2 Publishing," "STROLL," "GREET," and "REAL PRODUCERS." Exhibit J identifies the names and addresses of our agents for service of process in certain states that require we appoint them upon our registration there. Our agent for service of process in Delaware is National Registered Agents, Inc., 1209 Orange Street, Wilmington, Delaware, 19801.
Source: Item 1 — THE FRANCHISOR AND ANY PARENTS, PREDECESSORS, AND AFFILIATES (FDD pages 8–12)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, N2 Franchising, Inc., the franchisor, was originally formed as N2 Franchising, LLC, a Delaware limited liability company, on October 26, 2016. On September 6, 2019, it converted to N2 Franchising, Inc., a Delaware corporation. This change from an LLC to a corporation has implications for liability and tax treatment.
As a corporation, N2 Franchising, Inc. likely offers its owners (shareholders) a degree of protection from personal liability for the company's debts and obligations, which is a typical characteristic of the corporate structure. This differs from the LLC structure, where the level of liability protection can vary.
The franchisor's principal business address is 9151 Currency Street, Irving, Texas 75063. Belocal also conducts business under the names "N2 Publishing," "STROLL," "GREET," and "REAL PRODUCERS." The agent for service of process in Delaware is National Registered Agents, Inc., located at 1209 Orange Street, Wilmington, Delaware, 19801. Franchisees should note these details for official communications and legal purposes.