How many company-owned Belocal outlets were operating at the start of 2023?
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 |
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 showing the status of company-owned outlets. One table indicates that Belocal had 0 company-owned outlets at the start of 2023. However, another table indicates that Belocal had 1 company-owned outlet at the start of 2023.
This discrepancy could be due to different reporting methods or perhaps the inclusion/exclusion of certain types of outlets in each table. It is important to note that the data reflects Belocal's fiscal year end, which is June 30.
A prospective franchisee should seek clarification from Belocal regarding this inconsistency to understand the true number of company-owned outlets at the beginning of 2023 and the reasons for any differences in the reported figures.