How many total franchised Beef O Bradys outlets were open at the end of 2024?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Net Change | |||
|---|---|---|---|---|
| Franchised | 2022 | 111 | 108 | -3 |
| 2023 | 108 | 102 | -6 | |
| 2024 | 102 | 99 | -3 | |
| Company- | 2022 | 28 | 30 | +2 |
| Owned | ||||
| 2023 | 30 | 32 | +2 | |
| 2024 | 32 | 26 | -6 | |
| Total Outlets | 2022 | 139 | 138 | -1 |
| 2023 | 138 | 134 | -4 | |
| 2024 | 134 | 125 | -9 |
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, there were 99 franchised outlets open at the end of 2024. This number is part of a broader trend, as Beef O Bradys had 102 franchised locations at the start of 2024, which decreased to 99 by year's end. This net change of -3 reflects the difference between outlets opening and closing or otherwise ceasing operation.
For a prospective franchisee, this data indicates a slight contraction in the number of franchised locations. It's important to investigate the reasons behind this decrease. Factors could include closures due to underperformance, non-renewals of franchise agreements, or transfers of ownership. Understanding the dynamics of outlet changes can provide valuable insight into the health and stability of the Beef O Bradys franchise system.
It is also important to note that the FDD lists the status of company-owned outlets. In 2024, Beef O Bradys had 26 company-owned outlets. Reviewing both franchised and company-owned outlet data provides a comprehensive view of the brand's overall footprint and operational strategy. A potential franchisee should consider the balance between franchised and company-owned locations when evaluating the franchise opportunity.
Overall, the number of total outlets, including both franchised and company-owned, decreased from 134 to 125 in 2024. This information is valuable for prospective franchisees to understand the recent trends in the Beef O Bradys system and to assess the potential risks and opportunities associated with investing in a franchise.