How many company-owned Belocal outlets were sold to franchisees in 2024?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| Oklahoma | 2023 | 0 | 0 | 1 | 0 | 0 | 1 |
| 2024 | 1 | 0 | 0 | 1 | 0 | 0 | |
| 2025 | 0 | 0 | 0 | 0 | 0 | 0 | |
| Pennsylvania | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2025 | 0 | 0 | 1 | 0 | 0 | 1 | |
| South Carolina | 2023 | 1 | 0 | 0 | 0 | 1 | 0 |
| 2024 | 0 | 0 | 1 | 0 | 0 | 1 | |
| 2025 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Tennessee | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2025 | 0 | 0 | 1 | 0 | 0 | 1 | |
| Texas | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 2 | 0 | 0 | 2 | |
| 2025 | 2 | 0 | 3 | 2 | 0 | 3 | |
| Totals | 2023 | 1 | 1 | 2 | 0 | 1 | 3 |
| 2024 | 3 | 0 | 10 | 3 | 0 | 10 | |
| 2025 | 10 | 0 | 12 | 9 | 0 | 13 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 59–70)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, across all states, no company-owned Belocal outlets were sold to franchisees in 2024. The provided table details outlet activity on a state-by-state basis. For the year 2024, the 'Outlets Sold to Franchisee' column consistently shows a value of 0 across all listed states. This indicates that Belocal did not transfer any of its company-owned locations to franchisees during that year, according to this data.
Specifically, the table provides a breakdown of outlet transactions, including openings, re acquisitions, closures, and sales to franchisees. The absence of any entries in the 'Outlets Sold to Franchisee' column for 2024 suggests that Belocal focused on other methods of expansion or consolidation during that period. This could include opening new franchised locations, re acquiring existing franchised locations, or closing underperforming stores.
Prospective franchisees should note that while no company-owned stores were sold in 2024, this does not preclude such sales in other years or in the future. Franchisees interested in acquiring existing company-owned locations should inquire directly with Belocal about their strategic plans for company-owned stores and any potential opportunities for acquisition. Understanding Belocal's approach to company-owned stores can provide valuable insight into their overall growth strategy and potential investment opportunities for franchisees.