How many Belocal outlets were transferred from franchisees to new owners in Florida during 2024?

According to Belocal's 2025 Franchise Disclosure Document, there was one transfer of a Belocal outlet from a franchisee to a new owner in Florida during 2024. This information is detailed in Table No. 2, which specifically tracks such transfers. The table provides a state-by-state breakdown of these transactions for the years 2023, 2024, and 2025.

For a prospective Belocal franchisee, this data point offers insight into the stability and desirability of existing franchises within the Florida market. A low number of transfers could indicate franchisee satisfaction or limited opportunities for resale. Conversely, a higher number might suggest potential challenges in operating a Belocal franchise in Florida, prompting further investigation into the reasons behind these transfers.

It's important to note that this table only accounts for transfers to new owners other than the franchisor. Outlets reacquired by Belocal are tracked separately in other tables within the FDD. Therefore, the total number of franchise exits in Florida during 2024 may be higher when including re acquisitions. A prospective franchisee should review all relevant tables in Item 20 to gain a comprehensive understanding of outlet turnover.