What was the total number of Belocal outlet transfers in 2023?

According to Belocal's 2025 Franchise Disclosure Document, there were a total of 4 outlet transfers in 2023. The transfers refer to outlets that were sold from one franchisee to another new owner, excluding re-acquisitions by Belocal itself.

Specifically, the FDD provides a table outlining the number of transfers per state. In 2023, Arizona had 2 transfers, Idaho had 1, and Illinois had 1. The sum of these transfers across all states equals the reported total of 4 transfers for the year.

This information is valuable for prospective franchisees as it provides insight into the resale activity within the Belocal franchise system. A higher number of transfers could indicate a more active market for existing franchises, while a lower number might suggest greater stability in franchise ownership. It is important to consider the reasons behind franchise transfers, which could range from franchisees retiring to underperforming locations being sold to new owners with fresh perspectives.