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How many company-owned Belocal outlets were operating at the end of 2025?

Belocal Franchise · 2025 FDD

Answer 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, whic

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 are conflicting reports regarding the number of company-owned outlets operating at the end of 2025. One table indicates that Belocal had 13 company-owned outlets at the end of 2025. However, another table shows that Belocal had only one company-owned outlet at the end of 2025.

These discrepancies could be due to different reporting methods, inclusion of temporary or non-traditional outlets, or even simple errors in data compilation. It is important to note that the FDD covers the fiscal year ending June 30, so the numbers reflect that date.

A prospective franchisee should seek clarification from Belocal regarding these discrepancies to understand the true scope of company-owned operations. Understanding the performance and strategy of company-owned stores can provide valuable insights into the overall health and direction of the Belocal franchise system. Specifically, a franchisee should inquire about the reasons for the differing numbers and request detailed information about the locations, performance metrics, and operational strategies of both franchised and company-owned outlets.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.