In which states did Beard Papas have outlets that ceased operations for other reasons in 2023?
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 by Franchisor |
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 outlet each in Arizona, Louisiana, and Texas ceased operations for other reasons during 2023. This information is detailed in Item 20, which covers outlets and franchisee information.
For a prospective franchisee, this data indicates the states where Beard Papas faced unforeseen challenges leading to store closures. While the FDD does not specify the exact 'other reasons' for these closures, it is essential to understand that business operations can be affected by various factors beyond terminations, non-renewals, or reacquisition by the franchisor.
It would be prudent for potential franchisees to inquire with Beard Papas about the specific circumstances that led to these closures. Understanding whether these closures were due to market conditions, site-specific issues, or other factors can help a franchisee assess the risks associated with operating in those states or similar markets. This information, combined with a thorough market analysis and due diligence, can contribute to making a more informed investment decision.