What was the total number of Belocal franchise transfers across all states in the year 2024?

According to Belocal's 2025 Franchise Disclosure Document, there were a total of 4 franchise transfers across all states during the year 2024. This information is based on the table provided in Item 20, which details outlet and franchisee information. Franchise transfers represent the sale of existing franchise units from one franchisee to another, excluding transfers back to the franchisor.

For a prospective Belocal franchisee, the number of transfers can be an indicator of the stability and desirability of the franchise system. A low number of transfers, as seen in 2024, might suggest that franchisees are generally satisfied with their businesses and are not looking to sell. However, it could also indicate a limited market for resales or difficulties in finding qualified buyers.

Conversely, a high number of transfers could signal potential issues within the franchise system, such as low profitability, franchisee dissatisfaction, or challenges in managing the business. It's important to note that the data provided is as of the fiscal year end, June 30, 2024, and may not reflect more recent trends.

Therefore, a prospective franchisee should inquire about the reasons behind franchise transfers and the overall health of the Belocal franchise system to make an informed decision.