How many Belocal outlets were operating in South Dakota at the start of 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 | 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 zero Belocal outlets operating in South Dakota at the start of 2023. The FDD provides a detailed table outlining the number of outlets at the start of each year, the number of outlets opened, and the number of outlets at the end of the year for each state. This information is crucial for prospective franchisees as it gives insight into Belocal's growth and presence in specific regions.
For a potential Belocal franchisee, this data indicates that South Dakota was a new market for Belocal in 2023. One Belocal outlet opened in South Dakota during 2023, resulting in one outlet at the end of the year. However, by 2024, that outlet ceased operations, leaving zero outlets in the state. This could suggest challenges in establishing the Belocal brand in South Dakota, or it could simply reflect an isolated business closure.
It is important to note that the performance of a franchise can be influenced by various factors, including location, market demand, and management. The data presented in the FDD is historical and may not be indicative of future results. A prospective franchisee should conduct their own due diligence, including market research and financial analysis, to assess the viability of a Belocal franchise in South Dakota or any other location.
Prospective franchisees should speak with existing and former franchisees in similar markets to understand the challenges and opportunities specific to Belocal. Additionally, they should discuss with Belocal the reasons for past closures and the strategies for ensuring future success in emerging markets.