How many Belocal outlets were reacquired by the franchisor in Florida during 2024?
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 | 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 Florida was reacquired by the franchisor during 2024. The table provided in Item 20 of the FDD details outlet information, including the number of outlets reacquired by Belocal. This information is crucial for potential franchisees to understand the stability and performance of existing Belocal locations.
Reacquisition by the franchisor can occur for various reasons, such as the franchisee's failure to meet performance standards, a mutual agreement to terminate the franchise agreement, or the franchisee's decision to sell the business back to Belocal. It is important to note that while one location was reacquired, eight new Belocal outlets opened and ten ceased operations for other reasons in Florida during 2024, resulting in a net decrease of three outlets, from 16 at the start of the year to 13 at the end of the year.
Prospective Belocal franchisees should investigate the reasons behind reacquired locations and closures to assess the risks and opportunities associated with investing in a Belocal franchise in a specific region. Understanding the factors that contribute to franchise success or failure can help franchisees make informed decisions and develop strategies to mitigate potential challenges. This data helps to paint a picture of the health of the franchise system in specific geographic areas.
It's also worth noting that the FDD includes multiple tables with different information about outlets. One table provides details on 'Outlets Reacquired from Franchisee,' while another tracks 'Reacquired by Franchisor.' A potential franchisee should carefully review all tables to get a comprehensive understanding of outlet activity.