How many Belocal outlets ceased operations for other reasons in Florida during 2023?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
5
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations - Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| Alabama | 2023 | 1 | 0 | 0 | 0 | 0 | 0 | 1 |
| 2024 | 1 | 2 | 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, in the state of Florida, 4 Belocal outlets ceased operations for 'other reasons' during 2023. This is based on data reported in Item 20, which covers outlet information.
'Ceased Operations - Other Reasons' typically refers to closures that are not due to terminations, non-renewals, or reacquisition by the franchisor. These 'other reasons' could include factors like poor performance, failure to meet brand standards, or other breaches of the franchise agreement that don't result in a formal termination. It is important to note that the FDD does not specify the exact reasons for these closures, so a prospective franchisee should inquire with Belocal to understand the causes behind these closures.
For a prospective Belocal franchisee, this data highlights the importance of thoroughly researching the Florida market and understanding the factors that may contribute to outlet closures. It would be prudent to discuss with Belocal the specific reasons for these 'other' closures to better assess the risks and opportunities in the Florida market. Understanding these reasons can help a franchisee develop strategies to mitigate similar issues and improve their chances of success.