For Belocal, how many franchise agreements have been signed in Alabama, but the outlet has not yet opened?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Franchise Agreements Signed but Outlet Not Opened | Projected New Franchised Outlets in the Next Fiscal Year | Projected New Company-Owned Outlets in the Next Fiscal Year |
|---|---|---|---|
| Alabama | 0 | 1 | 0 |
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 currently no franchise agreements signed in Alabama for which the outlet has not yet opened. The FDD provides a table outlining the number of franchise agreements signed but outlets not yet opened, and for Alabama, this number is zero.
This information is relevant for prospective franchisees as it indicates the current level of development and market saturation in Alabama. A franchisee considering opening a Belocal franchise in Alabama would not face immediate competition from other signed but unopened locations within the state.
It is important to note that while there are no franchise agreements signed but outlets not yet opened in Alabama, Belocal projects opening one new franchised outlet in Alabama in the next fiscal year. This suggests that Belocal is looking to expand its presence in Alabama, which could be a positive sign for potential franchisees interested in that market.