How many Beef O Bradys outlets closed in Kentucky during 2024?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of the Year | |
|---|---|---|---|---|---|---|---|
| Arkansans | 2022 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 0 | 1 | 0 | 0 | 1 | |
| Florida | 2022 | 24 | 0 | 2 | 0 | 0 | 26 |
| (1) | |||||||
| 2023 | 26 | 0 | 2 | 0 | 0 | 28 | |
| 2024 | 28 | 0 | 1 | 4 | 3 | 22 | |
| Georgia | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 0 | 0 | 1 | |
| Indiana | 2022 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 2 | |
| Kentucky | 2022 | 1 | 0 | 0 | 0 | 0 | 1 |
| 2023 | 1 | 0 | 0 | 0 | 0 | 1 | |
| 2024 | 1 | 0 | 0 | 1 | 0 | 0 | |
| Totals | 2022 | 28 | 0 | 2 | 0 | 0 | 30 |
| 2023 | 30 | 0 | 2 | 0 | 0 | 32 | |
| 2024 | 32 | 0 | 2 | 5 | 3 | 26 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION. (FDD pages 62–65)
What This Means (2025 FDD)
According to Beef O Bradys's 2025 Franchise Disclosure Document, one outlet in Kentucky was closed during 2024. At the start of 2024, there was one outlet, and by the end of the year, there were zero. This indicates a net decrease of one outlet due to closures.
For a prospective franchisee, this information highlights the volatility of the Beef O Bradys franchise network, even in a specific state. While one closure in a single state might not seem significant on its own, it prompts further investigation into the reasons behind the closure. Understanding the factors that led to this closure can help a potential franchisee assess the risks and opportunities associated with investing in a Beef O Bradys franchise in Kentucky or similar markets.
It is important to note that closures can occur for various reasons, including poor performance, lease issues, or franchisee decisions. A thorough understanding of these factors is crucial for making an informed investment decision. A prospective franchisee should inquire with Beef O Bradys about the reasons for the closure and assess whether similar risks exist in their target market.