factual

How many Belocal franchisees were considered when calculating the average yearly Commission payments?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

This historical financial performance representation relates to Commission payments we paid from July 1, 2024 through June 30, 2025 ("Reporting Period") to 84 BeLocal Publications that were in print as of June 30, 2024 and that had been in print for a full year ("Reporting Publications") and to 88 franchisees who were active franchisees for the Reporting Period ("Reporting Franchisees"). By "in print," we mean that the publication that had been in print for at least one year under the franchisee's management. By "active franchisee" we mean actively involved in in-print activities for at least one Publication for the entirety of the Reporting Period.

We had a total of 135 BELOCAL publication franchises during the Reporting Period. We excluded the Commission payments made to publications that were not in print for the full year. We do not include information for franchisees who have been operating less than one year because we do not consider that information to be as reliable as information from franchisees who have been in operation for at least one year. We also excluded the Commission payments made to publications that were managed by 4 franchisees whose Commission payments were calculated using a different formula than the rest of our franchisees. We do not include in this disclosure document financial information about Publications managed by our affiliate. We do not include in this disclosure document financial information about our franchisees who operate the 13 Test Publications.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 55–59)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, the average yearly commission payments were calculated based on 88 reporting franchisees. These franchisees were active during the reporting period, which spanned from July 1, 2024, through June 30, 2025. To be included in this calculation, the franchisees had to be actively involved in in-print activities for at least one Belocal publication throughout the entire reporting period.

Belocal had a total of 135 publication franchises during the reporting period. However, not all franchisees were included in the financial performance representation. The commission payments made to publications that were not in print for the entire year were excluded to ensure the reliability of the data. Additionally, the commission payments from four franchisees whose payments were calculated using a different formula were also excluded from the average.

Furthermore, the financial information does not include data from publications managed by Belocal's affiliate or from franchisees operating the 13 test publications. This ensures that the financial performance representation focuses on a consistent and comparable set of franchisees, providing prospective franchisees with a clearer understanding of potential earnings based on a standard commission structure and operational period.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.