How many Belocal outlets in North Carolina ceased operations for other reasons in 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 | 0 | 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, one Belocal outlet in North Carolina ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2023. At the start of 2023, there were two Belocal outlets in North Carolina. Although no outlets opened during that year, one ceased operations for other reasons, resulting in one outlet at the end of the year.
'Ceased operations - other reasons' typically refers to closures due to factors like poor performance, failure to meet brand standards, or other breaches of the franchise agreement that do not result in a formal termination. It can also include situations where the franchisee voluntarily closes the location for personal reasons without formally transferring the franchise.
For a prospective Belocal franchisee, this data highlights the importance of thoroughly researching the market and ensuring sufficient capital to sustain the business through initial challenges. Understanding the reasons behind past closures in specific regions can provide valuable insights into potential risks and opportunities. It's also important to note that while one closure may not seem significant, it's essential to consider this information in conjunction with other factors, such as the overall number of outlets and the brand's growth trajectory in the state.