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How many Belocal outlets were operating at the start of 2023?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

5

| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |---|---|---|---|---| | Franchised | 2023 | 139 | 154 | +15 | | | 2024 | 154 | 133 | -21 | | | 2025 | 133 | 135 | +2 | | Company-Owned | 2023 | 1 | 3 | +2 | | | 2024 | 3 | 10 | +7 | | | 2025 | 10 | 13 | +3 | | Total Outlets | 2023 | 140 | 157 | +17 | | | 2024 | 157 | 143 | -14 | | | 2025 | 143 | 148 | +5 | Notes: All numbers are as of our fiscal year end, which is June 30.

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Table No. 2 Transfers of Outlets from Franchisees to New Owners (other than the Franchisor) For Years 2023 to 2025

| State | Year | Number of Transfers | |---|---|---| | Arizona | 2023 | 2 | | | 2024 | 0 | | | 2025 | 0 | | California | 2023 | 0 | | | 2024 | 0 | | | 2025 | 1 | | Florida | 2023 | 0 | | | 2024 | 1 | | | 2025 | 1 | | Idaho | 2023 | 1 | | | 2024 | 0 | | | 2025 | 0 | | Illinois | 2023 | 1 | | | 2024 | 0 | | | 2025 | 0 | | Nebraska | 2023 | 0 | | | 2024 | 0 | | | 2025 | 1 | | New Hampshire | 2023 | 0 | | | 2024 | 1 | | | 2025 | 1 | | North Carolina | 2023 | 0 | | | 2024 | 1 | | | 2025 | 1 | | Tennessee | 2023 | 0 | | | 2024 | 0 | | | 2025 | 1 | | Washington | 2023 | 0 | | | 2024 | 1 | | | 2025 | 0 | | Totals | 2023 | 4 | | | 2024 | 4 | | | 2025 | 6 | [Remainder of Page Intentionally Left Blank]

Table No.

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 are two tables that show the number of outlets operating at the start of 2023. One table reflects the systemwide outlet summary, while the other shows the status of franchised outlets. It is important to note that the numbers in these tables may differ due to the way Belocal categorizes and reports its outlet data.

According to the systemwide outlet summary, at the start of 2023, there were 140 total Belocal outlets, comprised of 139 franchised and 1 company-owned location. This indicates the overall size and composition of the Belocal system at the beginning of the reporting period.

Separately, the table detailing the status of franchised outlets for 2023 shows 139 franchised outlets at the start of the year. This table also provides a state-by-state breakdown of franchised outlets, which can give prospective franchisees a more granular view of Belocal's presence in different geographic areas. Reviewing both tables provides a comprehensive understanding of Belocal's franchise network at the beginning of 2023.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.