How many Pearce Bespoke franchises were opened in Mississippi during 2023?
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 |
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, one franchise was opened in Mississippi during 2023. The table provided in Item 20 of the FDD details the number of franchises opened in each state for the years 2022, 2023, and 2024. This information is useful for potential franchisees to understand the brand's growth and expansion in different regions.
Specifically, the table shows that in Mississippi, there were no franchises at the start of 2023, and one franchise was opened during that year. This resulted in one franchise operating in the state by the end of 2023. In 2024, no additional franchises were opened, and there were no terminations, non-renewals, or re acquisitions by the franchisor, so the total remained at one.
This level of detail in the FDD helps prospective franchisees assess the saturation of Pearce Bespoke franchises in their target area and gauge the potential for growth. It also provides insight into the stability and performance of existing franchises, as indicated by the number of terminations or closures. Reviewing this data over multiple years can reveal trends and patterns in the franchise system's development.