How many franchised Beard Papas outlets were operating at the start of 2023?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change |
|---|---|---|---|---|
| 2022 | 32 | 39 | +7 | |
| Franchised | 2023 | 39 | 40 | +1 |
| 2024 | 40 | 42 | +2 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 52–57)
What This Means (2025 FDD)
According to Beard Papas's 2025 Franchise Disclosure Document, there were 39 franchised outlets at the start of 2023. This number increased to 40 by the end of 2023, representing a net increase of 1 franchised outlet during that year. In 2022, there were 32 franchised locations at the start of the year, which grew to 39 by year's end. By the close of 2024, the number of franchised Beard Papas locations reached 42.
These figures provide a snapshot of the franchise's growth and stability over the three-year period from 2022 to 2024. Potential franchisees can see the net change in the number of franchised locations year-over-year, which can be an indicator of the brand's expansion and the success of its franchisees. It's important to note that these numbers reflect system-wide changes and may not reflect the performance of individual locations.
When evaluating this data, prospective franchisees should also consider factors such as the locations of new openings, reasons for any closures, and overall market conditions. Reviewing the performance of existing franchisees and understanding the support provided by Beard Papas can offer a more comprehensive understanding of the franchise opportunity. Additionally, it is important to consider that past performance is not necessarily indicative of future results.