In what state did Belocal open its first company-owned outlet in 2025?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| Florida | 2023 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2024 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2025 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Totals | 2023 | 0 | 0 | 0 | 0 | 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, the company opened its first company-owned outlet in Florida during 2025. The table provided in Item 20 details the status of company-owned outlets, showing that in 2025, Florida had zero outlets at the start of the year and opened one during the year, resulting in one outlet at the end of the year.
This information is valuable for prospective Belocal franchisees as it provides insight into the company's expansion strategy and its presence in different states. Knowing where Belocal is opening company-owned outlets can help franchisees understand the level of competition they might face and the company's commitment to supporting its brand. It also gives an indication of which markets Belocal views as promising for growth.
It is important to note that while the document specifies the opening of a company-owned outlet in Florida, it does not provide details on the specific location or the reasons behind choosing Florida. Further investigation and communication with the franchisor would be beneficial to understand the full context of this expansion.