How many franchised Pearce Bespoke outlets were operating at the start of 2023?
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 start of 2023. By the end of 2023, the number of franchised outlets increased to 37. This indicates a significant expansion in the number of Pearce Bespoke franchised locations during that year.
For a prospective franchisee, this information highlights the growth trajectory of the Pearce Bespoke franchise system. The substantial increase in franchised outlets suggests that the business model may be gaining traction and attracting new franchisees. It's important to note that while the number of franchised locations grew significantly, the number of company-owned outlets remained constant at two during 2023.
It is also worth noting that the growth in franchised outlets occurred in several states. The FDD lists the number of franchises at the start of 2023 in each state. For example, Alabama went from 0 to 2, California from 0 to 4, and Florida from 0 to 10. This detailed breakdown provides insight into where Pearce Bespoke is expanding its franchise network.
Overall, the data suggests that Pearce Bespoke is focused on expanding through franchising rather than company-owned stores. A potential franchisee should further investigate the reasons behind this growth, the support provided to new franchisees, and the performance of existing franchised locations to make an informed decision.