What was the total number of Beef O Bradys franchises opened across all states in 2022?
Beef_O_Bradys Franchise · 2025 FDDAnswer from 2025 FDD Document
| 0 | | Ohio | 2022 | 1 | | | 2023 | 0 | | | 2024 | 0 | | Texas | 2022 | 0 | | | 2023 | 1 | | | 2024 | 0 | | Total | 2022 | 5 | | | 2023 | 7 | | | 2024 | 5 |
Table No. 3 Status of Franchised Outlets For years December 31, 2022 to December 31, 2024
| State | Year | Outlets at Start of Year | Outlets Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Outlets at End of the Year | |
|---|---|---|---|---|---|---|---|---|
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 a total of 10 new franchise locations opened in 2022 across all states. This number is derived from two separate tables within Item 20 of the FDD. One table shows that 4 franchises were opened, while another table indicates 5 company-owned outlets were opened. Additionally, a table for Florida indicates 1 franchise was opened.
For a prospective franchisee, this indicates the rate of expansion for Beef O Bradys. A low number of new openings could suggest a slower growth phase for the company, which might influence a franchisee's expectations regarding market penetration and brand recognition in new territories. It is important to note that the tables also track closures, terminations, and other changes in outlet status, which provide a more comprehensive view of the brand's stability and growth patterns.
It's also important to distinguish between franchised and company-owned locations, as this can reflect the company's strategic focus. A higher number of company-owned stores might suggest a preference for direct control in certain markets, while a focus on franchising indicates a strategy of expansion through partnerships with individual business owners. Reviewing these trends over several years, as presented in the FDD, can offer valuable insights into the overall health and direction of the Beef O Bradys franchise system.