How many Belocal outlets were reacquired by the franchisor in Idaho 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 |
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 Idaho was reacquired by the franchisor during 2024. The table provided in Item 20 outlines the changes in Belocal outlets over the years, including reacquired locations. This information is crucial for potential franchisees to understand the stability and performance of existing locations.
The reacquisition of a franchise can occur for various reasons, such as the franchisee's failure to meet performance standards, a mutual agreement between the franchisee and Belocal, or other specific circumstances outlined in the franchise agreement. The fact that Belocal reacquired one location in Idaho during 2024 suggests that prospective franchisees should inquire about the reasons for reacquisition and the overall health of Belocal franchises in that state.
Understanding the rate at which Belocal reacquires franchises can provide insight into the challenges and successes of operating a franchise within the Belocal system. It is important to note that reacquisition does not necessarily reflect negatively on the franchise system as a whole, but it does highlight the importance of due diligence and understanding the factors that contribute to successful franchise operations. Prospective franchisees should consider this information alongside other data, such as terminations and non-renewals, to gain a comprehensive view of franchise performance.
In addition to the reacquired store, the table shows that in 2024, two Belocal outlets opened in Idaho, and three ceased operations for other reasons, resulting in zero outlets at the end of the year. This detailed breakdown helps potential franchisees assess the dynamics of the Belocal franchise network in Idaho and make informed decisions.