What was the total number of Belocal outlets at the end of 2024?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| Franchised | 2023 | 139 | 154 | +15 |
| 2024 | 154 | 133 | -21 | |
| 2025 | 133 | 135 | +2 | |
| Company-Owned | 2023 | 1 | 3 | +2 |
| 2024 | 3 | 10 | +7 | |
| 2025 | 10 | 13 | +3 | |
| Total Outlets | 2023 | 140 | 157 | +17 |
| 2024 | 157 | 143 | -14 | |
| 2025 | 143 | 148 | +5 |
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 total number of Belocal outlets at the end of 2024 was 143. This number is derived from a system-wide outlet summary that includes both franchised and company-owned locations. The table provides a year-by-year breakdown of outlet counts, offering transparency into the brand's growth and contraction.
Specifically, the table shows that Belocal began 2024 with 157 total outlets and ended the year with 143, reflecting a net decrease of 14 outlets. This decrease could be due to closures, terminations, or other factors affecting the franchise network. A prospective franchisee should investigate the reasons behind this decrease to understand the stability and health of the Belocal system.
Understanding these trends is crucial for potential franchisees as it provides insight into the brand's performance and potential challenges. Monitoring the number of outlets and the reasons for any changes can help in assessing the overall risk and opportunity associated with investing in a Belocal franchise. It is important to review the complete Item 20 of the FDD for a comprehensive understanding of outlet dynamics.