How many Pearce Bespoke franchises experienced non-renewal in North Carolina during 2022?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| 2022 | 0 | | TOTAL | 2023 | 0 | | | 2024 | 0 |TABLE 3 Status of Franchised Outlets For Years 2022 to 2024
| State | Year | Franchises at the Start of the Year | Franchises Opened | Terminations | Non- Renewals | Reacquired by Franchisor | Ceased Operations/ Other Reasons | Franchises at the End of the Year |
|---|---|---|---|---|---|---|---|---|
| AL | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| CA | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | |
| FL | 2022 | 0 | 0 |
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 were no non-renewals of Pearce Bespoke franchises in North Carolina during 2022. The provided table in Item 20 outlines the franchise activity by state, including the number of franchises at the start of the year, franchises opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations, and the number of franchises at the end of the year.
Specifically, for North Carolina in 2022, the table shows that there were 0 franchises at the start of the year, 0 franchises opened, 0 terminations, 0 non-renewals, 0 re acquisitions by the franchisor, 0 ceased operations, resulting in 0 franchises at the end of the year. This indicates that Pearce Bespoke had no franchise presence in North Carolina at the beginning of 2022, and no franchises experienced non-renewal during that year.
Prospective franchisees can use this information to understand the historical franchise activity of Pearce Bespoke in specific states. A record of non-renewals could indicate potential issues with franchisee success or satisfaction, although a lack of non-renewals, as in the case of North Carolina, could be a positive sign. However, it is important to consider that the absence of non-renewals may also be due to a small sample size or recent market entry, as is the case with North Carolina in 2022.