How many Belocal outlets in Virginia ceased operations for other reasons in 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 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 59–70)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, in 2024, 4 Belocal outlets in Virginia ceased operations for reasons other than terminations, non-renewals, or reacquisition by the franchisor. At the start of 2024, there were 4 outlets, 2 opened during the year, and after the closures, 2 outlets remained at the end of the year.
'Ceased Operations - Other Reasons' typically includes closures due to factors like poor performance, failure to meet brand standards, or other breaches of the franchise agreement that don't result in a formal termination. It can also reflect situations where the franchisee voluntarily closes the location without formally ending the franchise relationship.
For a prospective Belocal franchisee, this data highlights the importance of thoroughly researching the Virginia market, developing a robust business plan, and maintaining strong operational performance to minimize the risk of closure. Understanding the reasons behind these 'other' closures, if possible, could provide valuable insights for new franchisees.