How many Beard Papas outlets ceased operations for other reasons in Georgia during 2024?
Beard_Papas Franchise · 2025 FDDAnswer from 2025 FDD Document
| Totals | ||
|---|---|---|
TABLE NO. 3 STATUS OF FRANCHISED OUTLETS FOR YEARS 2022 to 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations for Other Reasons | Outlets at End of Year |
|---|---|---|---|---|---|---|---|---|
| 2022 | 1 | 1 | 0 | 0 | 0 | 0 | 2 | |
| Arizona | 2023 | 2 | 0 | 0 | 0 | 0 | 1 | 1 |
| 2024 | 1 | 0 | 0 | 0 | 0 | 0 | 1 | |
| 2022 | 9 | 5 | 0 | 0 | 0 | 0 | 14 | |
| California | 2023 | 14 | 1 | 0 | 0 | 0 | 0 | 15 |
| 2024 | 15 | 1 | 0 | Non-Renewals Reacquired b |
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, one Beard Papas outlet in Georgia ceased operations for reasons other than termination, non-renewal, or reacquisition by the franchisor during 2024. At the start of 2024, there were three outlets, and by the end of the year, there were two. This change is accounted for by the one outlet that ceased operations for other reasons.
This information is crucial for potential franchisees as it provides insight into the stability and potential challenges within the Beard Papas franchise system in specific locations. Understanding why an outlet might close for 'other reasons' can help a franchisee assess risks associated with location, market conditions, or operational factors.
It is important to note that 'other reasons' is a broad category. A prospective franchisee should seek clarification from Beard Papas about what this encompasses. Examples could include landlord disputes, failure to meet brand standards, or unforeseen economic impacts specific to that location. This deeper understanding will allow for a more informed investment decision.
Reviewing the trends over multiple years, as presented in the FDD, can further clarify the stability of Beard Papas franchises. Comparing the reasons for closures across different states can also highlight any regional challenges or successes within the Beard Papas system.