table_specific

How many Belocal outlets were reacquired from franchisees in Illinois during 2025?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

5

State Year Outlets at Start of Year Outlets Opened Outlets Reacquired from Franchisee Outlets Closed Outlets Sold to Franchisee Outlets at End of Year
Alabama 2023 0 0 0 0 0 0
2024 0 0 0 0 0 0
2025 0 0 1 1 0 0
Florida 2023 0 1 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, one Belocal outlet in Illinois was reacquired from a franchisee during the 2025 fiscal year. This means that Belocal took over the operations of a previously franchised location.

Reacquisitions can occur for various reasons, such as the franchisee's failure to meet performance standards, a mutual agreement between Belocal and the franchisee, or the franchisee's decision to sell the business back to Belocal. For a prospective franchisee, a high number of reacquisitions could indicate potential issues with the franchise system, such as a lack of support, poor training, or unrealistic performance expectations.

It's important to note that while one Belocal location was reacquired in Illinois, another location ceased operations for other reasons. This means that the total number of Belocal franchised locations in Illinois decreased by one during 2025. A prospective franchisee should inquire about the reasons for reacquisition and closures to better understand the health and stability of the Belocal franchise system in Illinois.

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.