factual

How many Belocal publications were managed by franchisees whose Commission payments were calculated using a different formula?

Belocal Franchise · 2025 FDD

Answer from 2025 FDD Document

This historical financial performance representation relates to Commission payments we paid from July 1, 2024 through June 30, 2025 ("Reporting Period") to 84 BeLocal Publications that were in print as of June 30, 2024 and that had been in print for a full year ("Reporting Publications") and to 88 franchisees who were active franchisees for the Reporting Period ("Reporting Franchisees"). By "in print," we mean that the publication that had been in print for at least one year under the franchisee's management. By "active franchisee" we mean actively involved in in-print activities for at least one Publication for the entirety of the Reporting Period.

We had a total of 135 BELOCAL publication franchises during the Reporting Period. We excluded the Commission payments made to publications that were not in print for the full year. We do not include information for franchisees who have been operating less than one year because we do not consider that information to be as reliable as information from franchisees who have been in operation for at least one year. We also excluded the Commission payments made to publications that were managed by 4 franchisees whose Commission payments were calculated using a different formula than the rest of our franchisees. We do not include in this disclosure document financial information about Publications managed by our affiliate. We do not include in this disclosure document financial information about our franchisees who operate the 13 Test Publications.

Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 55–59)

What This Means (2025 FDD)

According to Belocal's 2025 Franchise Disclosure Document, the financial performance representation includes data from July 1, 2024, through June 30, 2025, for 84 Belocal publications and 88 franchisees. These publications were in print as of June 30, 2024, and had been in print for a full year. The franchisees were active for the entire reporting period.

During this period, Belocal had a total of 135 publication franchises. However, the financial data excludes publications not in print for the full year to ensure reliability. More importantly, the data also excludes publications managed by 4 franchisees whose commission payments were calculated using a different formula than the standard formula used for the other franchisees.

This exclusion means that the financial performance data presented in Item 19 of the FDD may not be representative of all Belocal franchisees. Prospective franchisees should be aware that their commission structure could potentially differ from the standard formula, and this could impact their financial performance. It is important for potential franchisees to discuss the commission structure in detail with Belocal to understand how their payments will be calculated and to assess the potential impact on their earnings.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.