How many Belocal outlets opened in Indiana during 2024?
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 | 0 | 3 | |
| 2025 | 3 | 2 | 0 | 0 | 1 | 2 | 2 | |
| Arizona | 2023 | 8 | 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, there were zero Belocal outlets opened in Indiana during 2024. The FDD provides a table outlining outlet information by state and year. In 2024, Indiana had one outlet at the start of the year, zero outlets opened, and one outlet at the end of the year.
This data point is crucial for prospective franchisees as it provides insight into the brand's growth and presence in specific geographic areas. A lack of new openings could indicate market saturation, slower growth strategy in the region, or challenges in establishing new locations.
It is important to note that while no new outlets opened in 2024, one outlet is projected to open in Indiana in the next fiscal year. This suggests a potential future opportunity for growth in the state. A prospective franchisee should inquire with Belocal about their plans for Indiana and the reasons behind the lack of openings in 2024 to gain a better understanding of the market dynamics and potential for success.