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Nice, niche business name that plays on the word "chocolate".
The name "Chocalo" has seven letters and three syllables. Three syllable names are used by established brands like McDonald's, Santander and Delicious.
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 prestigious top-level-domain in the world, famously used by websites like google.com. When you own a .com, it is much easier to rank for your own name in search engines.