How many Belocal outlets opened in Kentucky 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, there were two Belocal outlets opened in Kentucky during 2023. The FDD provides a detailed table outlining outlet information by state and year, which includes the number of outlets at the start of the year, the number of outlets opened, and the number of outlets at the end of the year. This information is crucial for prospective franchisees to understand the growth and changes within the Belocal franchise system in specific geographic areas.
For a potential Belocal franchisee, this data indicates the level of expansion activity in Kentucky. Knowing that two outlets opened in 2023 can suggest the market's potential and the brand's acceptance in that region. However, it's also important to consider other factors presented in the table, such as terminations, non-renewals, and ceased operations, to get a complete picture of the franchise's health in Kentucky. This information helps in assessing the stability and success rate of Belocal franchises in that state.
It is also important to note that another table in the FDD indicates that zero Belocal outlets opened in Kentucky during 2023. This discrepancy should be addressed with Belocal directly to clarify the correct number of outlets opened. Prospective franchisees should inquire about the reasons for any discrepancies and seek further clarification to ensure they have an accurate understanding of the franchise's performance in their target market.
Overall, while the FDD provides valuable data on outlet activity, it's essential for potential franchisees to conduct thorough due diligence, including verifying information with the franchisor and current franchisees, to make an informed investment decision. Understanding the nuances of outlet openings, closures, and other changes within the franchise system is critical for assessing the risks and opportunities associated with investing in a Belocal franchise.