What was the total number of Belocal outlet transfers in 2024?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Number of Transfers |
|---|---|---|
| Arizona | 2023 | 2 |
| 2024 | 0 | |
| 2025 | 0 | |
| California | 2023 | 0 |
| 2024 | 0 | |
| 2025 | 1 | |
| Florida | 2023 | 0 |
| 2024 | 1 | |
| 2025 | 1 | |
| Idaho | 2023 | 1 |
| 2024 | 0 | |
| 2025 | 0 | |
| Illinois | 2023 | 1 |
| 2024 | 0 | |
| 2025 | 0 | |
| Nebraska | 2023 | 0 |
| 2024 | 0 | |
| 2025 | 1 | |
| New Hampshire | 2023 | 0 |
| 2024 | 1 | |
| 2025 | 1 | |
| North Carolina | 2023 | 0 |
| 2024 | 1 | |
| 2025 | 1 | |
| Tennessee | 2023 | 0 |
| 2024 | 0 | |
| 2025 | 1 | |
| Washington | 2023 | 0 |
| 2024 | 1 | |
| 2025 | 0 | |
| Totals | 2023 | 4 |
| 2024 | 4 | |
| 2025 | 6 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 59–70)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, there were a total of 4 outlet transfers in 2024. This figure is derived from the table summarizing outlet information across various states. The table provides a breakdown of transfers for 2023, 2024, and 2025.
Specifically, the states listed with transfer activity in 2024 include Florida, New Hampshire, North Carolina and Washington, each reporting one transfer. This indicates that existing Belocal franchisees sold their businesses to new owners in these states during that year.
For a prospective franchisee, a low number of transfers could be seen as a positive sign, suggesting stability within the franchise system. However, it is important to investigate further into the reasons behind any transfers that do occur. Understanding why franchisees choose to sell can provide valuable insights into the health and attractiveness of the Belocal franchise opportunity.