table_specific

How many Belocal outlets were reacquired from franchisees in 2024?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

State Year Outlets at Start of Year Outlets Opened Outlets Reacquired from Franchisee Outlets Closed Outlets Sold to Franchisee Outlets at End of Year
Oklahoma 2023 0 0 1 0 0 1
2024 1 0 0 1 0 0
2025 0 0 0 0 0 0
Pennsylvania 2023 0 0 0 0 0 0
2024 0 0 0 0 0 0
2025 0 0 1 0 0 1
South Carolina 2023 1 0 0 0 1 0
2024 0 0 1 0 0 1
2025 1 0 0 0 0 1
Tennessee 2023 0 0 0 0 0 0
2024 0 0 0 0 0 0
2025 0 0 1 0 0 1
Texas 2023 0 0 0 0 0 0
2024 0 0 2 0 0 2
2025 2 0 3 2 0 3
Totals 2023 1 1 2 0 1 3
2024 3 0 10 3 0 10
2025 10 0 12 9 0 13

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 10 Belocal outlets reacquired from franchisees during the 2024 fiscal year. This information is based on a system-wide outlet summary that tracks the number of outlets at the start and end of the year, as well as changes such as openings, terminations, and re acquisitions.

Specifically, the data is broken down by state, allowing prospective franchisees to see where re acquisitions occurred. For example, in Florida, one Belocal outlet was reacquired during 2024. In Texas, two outlets were reacquired. In Kentucky, two outlets were reacquired.

It's important for potential franchisees to understand why outlets are reacquired. Re acquisitions can occur for various reasons, such as the franchisee's failure to meet performance standards, a mutual agreement to terminate the franchise agreement, or Belocal's strategic decision to consolidate operations. A high number of re acquisitions could indicate potential challenges within the franchise system.

Prospective franchisees should inquire with Belocal about the reasons for re acquisitions and what steps Belocal takes to support franchisees and prevent re acquisitions. Understanding these factors can help franchisees assess the stability and support provided within the Belocal franchise system.

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.