How many franchised Belocal outlets were there 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 | | | 2024 | 157 | 143 | -14 | | | 2025 | 143 | 148 | +5 | Notes: All numbers are as of our fiscal year end, which is June 30.
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Table No.
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 numbers regarding the number of franchised outlets at the start of 2023. One table indicates 139 franchised outlets at the start of 2023, while another table indicates only 9 franchised outlets at the start of 2023.
These discrepancies could be due to different reporting methods, inclusion/exclusion of certain types of outlets, or even simple errors in data entry. It is important to note that the FDD covers the fiscal year ending June 30, so the numbers reflect that timeframe.
Given these inconsistencies, a prospective franchisee should directly ask Belocal for clarification on the number of franchised outlets at the beginning of 2023. Understanding the reasons behind these differing figures is crucial for assessing the overall health and growth trajectory of the franchise system.