How many Belocal outlets were operating in Connecticut at the start of 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 | 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 2 Belocal outlets operating in Connecticut at the start of 2024. This information is based on the provided table that details outlet information by state and year. The table includes data on the number of outlets at the start of the year, outlets opened, terminations, non-renewals, outlets reacquired by the franchisor, outlets that ceased operations for other reasons, and the number of outlets at the end of the year.
For a prospective franchisee, this indicates the existing footprint of Belocal in Connecticut. It's important to note that while there were 2 outlets at the start of 2024, no new outlets were opened during that year, and no outlets closed, so the year ended with 2 outlets. This data helps potential franchisees understand the growth and stability of the Belocal brand in a specific geographic area.
It is important to consider this information in conjunction with other factors, such as market demographics and local competition, to assess the potential success of a Belocal franchise in Connecticut. Further research into why an outlet ceased operations in 2023 might also be beneficial.