How many company-owned Pearce Bespoke outlets were closed in 2022?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
ITEM 20 OUTLETS AND FRANCHISEE INFORMATION*
TABLE 1 Systemwide Outlet Summary For Years 2022 to 2024
| Outlet Type | Year | Outlets at the Start of | Outlets at the End of | Net Change |
|---|---|---|---|---|
| the Year |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 36–39)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the number of company-owned outlets that closed in 2022 is not explicitly stated. However, Table 4 provides data on the status of company-owned outlets from 2022 to 2024. In 2022, Pearce Bespoke started with 0 company-owned outlets and ended the year with 2, resulting in a net change of +2. This suggests that no company-owned outlets were closed during that year, but rather that two new company-owned outlets were opened.
It is important to note that the table shows the net change in outlets, not the specific number of openings and closures. While the data indicates a net increase of two company-owned outlets, it does not exclude the possibility that some outlets may have closed while others opened, resulting in the observed net change.
For prospective franchisees, this information is relevant in assessing the stability and growth of Pearce Bespoke's company-owned operations. A history of closures could indicate potential challenges in operating company-owned outlets, while consistent growth could signal a healthy and well-managed business model. To gain a more comprehensive understanding, prospective franchisees should consider asking Pearce Bespoke for more detailed information on outlet openings and closures, including the reasons for any closures and the performance of company-owned outlets over time.