How many domestic franchised Beard Papas locations were open as of December 31, 2023?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
| Company- | Franchised | Franchised | |
|---|---|---|---|
| operated | locations | locations | |
| locations | (domestic) | (international) | |
| As of December 31, 2021 | 1 | 35 | 2 |
| Opened | = | 5 | |
| Closed | (1) | (1) | (2) |
| Transferred | |||
| As of December 31, 2022 | - | 39 | - |
| Opened | 5 | 7 | - |
| Closed | - | (6) | - |
| Transferred | |||
| As of December 31, 2023 | _ | 40 | - |
Source: Item 23 — RECEIPTS (FDD pages 58–275)
What This Means (2025 FDD)
According to Beard Papas's 2025 Franchise Disclosure Document, as of December 31, 2023, there were 40 domestic franchised locations open. This indicates the size of the existing franchise network within the United States at the end of that year. This number does not include any company-operated stores or international franchised locations.
For a prospective franchisee, this figure provides insight into the current market presence of Beard Papas. It can be helpful to evaluate the brand's growth trajectory by comparing this number to previous years. The FDD indicates that there were 39 domestic franchised locations as of December 31, 2022, and 35 as of December 31, 2021, showing steady growth in the number of franchised locations.
It is important to note that this number represents the total number of open franchised locations at a specific point in time. The FDD also indicates that there were both openings and closures of franchised locations during the years 2022 and 2023. Reviewing these figures can provide a more comprehensive understanding of the stability and turnover within the Beard Papas franchise system.