What is the 'Pre-Print Sales Requirement' for a new Belocal franchisee?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
- (3) Franchisee must make at least ten Qualified Sales within the first sixteen weeks of Franchisee's operation of the Franchised Business ("Pre-Print Sales Requirement").
A "Qualified Sale" for purposes of this Agreement shall have the definition given such term in the Franchise Brand Standards Manual.
If Franchisee fails to satisfy the Pre-Print Sales Requirement, Franchisor may provide Franchisee with a business improvement plan ("Business Improvement Plan") with metrics and strategies for Franchisee to improve its sale of Advertising Contracts.
Any failure by Franchisee to successfully complete any Business Improvement Plan shall constitute a default under this Agreement and shall be grounds for termination.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, a new franchisee must meet a 'Pre-Print Sales Requirement.' This means the franchisee must make at least ten Qualified Sales within the first sixteen weeks of operating their Belocal franchise. The definition of a 'Qualified Sale' is detailed in the Franchise Brand Standards Manual.
If a Belocal franchisee fails to meet this Pre-Print Sales Requirement, Belocal may provide them with a Business Improvement Plan. This plan will include specific metrics and strategies designed to help the franchisee improve their advertising contract sales.
Failure to successfully complete the Business Improvement Plan constitutes a default under the Franchise Agreement. This default can be grounds for termination of the agreement, meaning the franchisee could lose their franchise.