How many Belocal outlets in Tennessee were reacquired by the franchisor in 2025?
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 |
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 Tennessee was reacquired by the franchisor during the 2025 fiscal year. At the start of 2025, there were 4 Belocal outlets in Tennessee. During 2025, 5 new outlets were opened, 1 was reacquired by Belocal, and 1 ceased operations for other reasons, resulting in 7 outlets at the end of the year.
This indicates that Belocal may occasionally need to repurchase franchises, which could be due to various factors such as franchisee non-compliance, financial difficulties, or strategic decisions by Belocal. For a prospective franchisee, this highlights the importance of understanding the conditions under which Belocal might reacquire a franchise and the potential financial implications.
It's important to note that while an outlet was reacquired in Tennessee, five new outlets were also opened in the same year, suggesting overall growth in the state. A prospective franchisee should inquire with Belocal about the reasons for reacquiring franchises and the criteria used to evaluate franchisee performance and compliance.