Does Belocal use franchise brokers to assist in selling franchises?
Belocal Franchise · 2025 FDDAnswer from 2025 FDD Document
Use of Franchise Brokers. The franchisor may use the services of franchise brokers to assist it in selling franchises. A franchise broker represents the franchisor and is paid a fee for referring prospects to the franchisor and/or selling the franchise. Do not rely only on the information provided by a franchise broker about a franchise. Do your own investigation by contacting the franchisor's current and former franchisees to ask them about their experience with the franchisor.
Source: Item 22 — CONTRACTS (FDD page 71)
What This Means (2025 FDD)
According to Belocal's 2025 Franchise Disclosure Document, Belocal may use franchise brokers to assist in selling franchises. These brokers represent Belocal and are compensated for referring potential franchisees or for successfully selling a franchise.
It is important for prospective franchisees to understand that franchise brokers work on behalf of Belocal. Therefore, the FDD advises that you should not rely solely on the information provided by a franchise broker. Instead, you should conduct your own independent investigation.
Belocal recommends that potential franchisees contact current and former franchisees to gather information about their experiences with Belocal. This direct research can provide a more balanced and comprehensive understanding of the franchise opportunity, helping you make an informed decision.