How many Pearce Bespoke franchises opened in Alabama during 2023?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| 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 |
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 two franchises opened in Alabama during 2023. The table provided in Item 20 of the FDD outlines the number of franchises opened in various states over the past few years. This information is useful for potential franchisees to understand the brand's growth and presence in specific regions.
Specifically, the table shows that at the start of 2023, there were no Pearce Bespoke franchises in Alabama. Throughout 2023, two new franchises were opened, bringing the total to two by the end of the year. This indicates a recent expansion of Pearce Bespoke into the Alabama market.
For a prospective franchisee, this data suggests that Alabama may be a relatively new market for Pearce Bespoke, which could present both opportunities and challenges. The franchisee might benefit from being among the first to establish the brand in the area, but they may also face the task of building brand awareness and customer loyalty from the ground up. It would be prudent for a potential franchisee to further investigate the market conditions and demand for Pearce Bespoke's services in Alabama before making a final decision.