How many franchised Pearce Bespoke outlets were operating at the end of 2022?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Outlet Type | Year | Outlets at the Start of | Outlets at the End of | Net Change |
|---|---|---|---|---|
| the Year | the Year | |||
| Franchised Outlets | 2022 | 0 | 1 | +1 |
| 2023 | 1 | 37 | +36 | |
| 2024 | 37 | 46 | +9 | |
| --- | --- | --- | --- | --- |
| Company-Owned | 2022 | 0 | 2 | +2 |
| Outlets | ||||
| 2023 | 2 | 2 | 0 | |
| 2024 | 2 | 2 | 0 | |
| 2022 | 0 | 3 | +3 | |
| Total Outlets | 2023 | 3 | 39 | +36 |
| 2024 | 39 | 48 | +9 |
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, there was one franchised outlet operating at the end of 2022. The provided table in Item 20 of the FDD outlines the systemwide outlet summary for the years 2022 to 2024. In 2022, the number of franchised outlets increased from 0 at the start of the year to 1 at the end of the year, representing a net change of +1.
This information is valuable for potential franchisees as it provides a clear picture of the growth and development of Pearce Bespoke's franchise system. The fact that the number of franchised outlets increased from 0 to 1 in 2022 indicates that the franchise system was in its early stages of development during that year.
Prospective franchisees should consider this information in conjunction with other data provided in the FDD, such as the number of company-owned outlets, the financial performance of existing outlets, and the franchisor's plans for future expansion. Understanding the historical growth trajectory of the franchise system can help franchisees assess the potential risks and rewards of investing in a Pearce Bespoke franchise.