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Nice, niche business name that plays on the word "chocolate".
The name "Chocalo" has seven characters and three syllables. Leading companies using three syllable names include Sainsbury's, KFC and Microsoft.
This domain was first registered in January 2016. Older domains have an advantage when ranking in search engines.
Chocalo.com is a .com domain. Dot com domains are the most valuable top-level-domain in the world, famously used by websites like google.com. Once you own a .com, it will be much easier to rank for your own name in Google.