How many company-owned Pearce Bespoke outlets were sold to franchisees in 2024?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlets at the | Outlets | Outlets | Outlets at | ||||
|---|---|---|---|---|---|---|---|
| Outlets | Reacquired | Outlets | |||||
| State | Year | Start of the Year | Opened | From Franchisees | Closed | Sold to Franchisees | the End of the Year |
| LA | 2022 | 0 | 2 | 0 | 0 | 0 | 2 |
| 2023 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2022 | 0 | 2 | 0 | 0 | 0 | 2 | |
| TOTAL | 2023 | 2 | 0 | 0 | 0 | 0 | 2 |
| 2024 | 2 | 0 | 0 | 0 | 0 | 2 |
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, no company-owned outlets were sold to franchisees in 2024. The provided table in Item 20 outlines the status of outlets, including those sold to franchisees.
Specifically, the table tracks the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisees, outlets closed, outlets sold to franchisees, and outlets at the end of the year. For 2024, under the column 'Outlets Sold to Franchisees', the value is 0 for the state of Louisiana and also for the 'TOTAL' row. This indicates that there were no company-owned Pearce Bespoke locations sold to franchisees during that year.
This information is valuable for potential franchisees as it provides insight into the company's strategy regarding company-owned stores. The fact that no company-owned stores were sold could mean that Pearce Bespoke prefers to maintain ownership of its corporate stores, or it could indicate that there simply weren't any suitable locations to transfer to franchisees during that specific year. A prospective franchisee might want to inquire about Pearce Bespoke's long-term plans for company-owned stores and whether there are future opportunities to purchase an existing location.