How many franchised Pearce Bespoke outlets were there at the start of 2022?

According to Pearce Bespoke's 2025 Franchise Disclosure Document, there were zero franchised outlets at the start of 2022. The FDD provides data on the number of franchised outlets at the beginning and end of 2022 and 2023. At the close of 2022, Pearce Bespoke had one franchised outlet. By the end of 2023, the number of franchised outlets grew to 37.

This information is useful for potential franchisees to understand the growth trajectory of the Pearce Bespoke franchise system. The substantial increase in franchised outlets from 2022 to 2023 suggests rapid expansion, which could indicate a growing brand and increasing market presence. However, it is important to consider that past performance does not guarantee future results.

A prospective franchisee should investigate the reasons behind this growth, such as successful marketing strategies, franchisee profitability, and overall market demand for Pearce Bespoke's services. Further due diligence, including speaking with existing franchisees, is essential to assess the sustainability and potential of this franchise opportunity.

It is also important to note that the FDD includes financial performance representations for a group of clothiers, providing average gross revenue and ranges for different quartiles. While this data offers insights into potential earnings, prospective franchisees should recognize that individual results may vary and there is no assurance of earning as much as the represented outlets.