How many Belocal outlets were reacquired from franchisees in Maryland during 2024?
Belocal Franchise · 2025 FDDAnswer 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 Maryland was reacquired from a franchisee during 2024. At the start of 2024, there were zero outlets. During 2024, one outlet was reacquired from a franchisee, resulting in one outlet at the end of the year.
Reacquisitions typically occur when a franchisee is unable to continue operating the business, or when Belocal decides to consolidate operations. This can be a concern for potential franchisees as it indicates possible instability or challenges in maintaining a successful franchise. It is important to note that reacquisition is different from termination, where the franchise agreement is ended due to a breach of contract or other cause.
Prospective franchisees should inquire about the reasons for any reacquisitions in their specific state or region. Understanding the circumstances behind these reacquisitions can provide valuable insights into the potential risks and challenges of operating a Belocal franchise. It would be prudent to understand what support Belocal offers to struggling franchisees to prevent reacquisition.