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Nice, niche business name that plays on the word "chocolate".
The word "Chocalo" contains seven characters and three syllables. Successful brands using three syllable names include Verizon, Armani and Sainsbury's.
This domain was first registered in January 2016. Older domains have an advantage when ranking in search engines.
Chocalo.com is a dot-com domain. Dot com domains are the most prestigious domain extension in the world, famously used by websites like google.com. When you own a dot-com, it is much easier to rank for your own name in search engines.