How many Belocal outlets were operating in New Hampshire 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 | 0 | 2 | 8 |
| 2024 | 8 | 1 |
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 3 Belocal outlets operating in New Hampshire at the start of 2024. This indicates Belocal had an established, albeit small, presence in the state at that time.
For a prospective franchisee, this information provides insight into the existing market saturation and brand recognition in New Hampshire. A franchisee might consider this a positive sign, suggesting some level of existing demand and brand awareness. However, it's also important to consider that with only 3 outlets, the market may still be largely untapped, requiring more effort in marketing and customer acquisition.
The FDD also indicates that Belocal projected to open 1 new franchised outlet in New Hampshire in the next fiscal year. This suggests that Belocal sees potential for growth in the New Hampshire market and is actively looking to expand its presence there. A potential franchisee should research the locations of the existing outlets and the planned new outlet to assess the competitive landscape and identify potential opportunities for their own Belocal franchise.