How many franchised Belocal outlets were operating at the start of 2025?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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 two tables that provide information on the number of franchised outlets. One table indicates that there were 133 franchised Belocal outlets at the start of 2025. Another table indicates that there were 6 franchised Belocal outlets at the start of 2025. It is important to note that the FDD contains multiple tables with conflicting information regarding outlet numbers.
These discrepancies could be due to different reporting methods, franchise classifications, or simply errors in the document. A potential franchisee should clarify these inconsistencies with Belocal to understand the true number of operating franchises and the overall health and growth of the franchise system.
Understanding the accurate number of operating franchises is crucial for assessing the brand's market presence, potential for growth, and the support network available to franchisees. It also helps in evaluating the reliability of the data presented in the FDD and the transparency of the franchisor.