How many Pearce Bespoke franchises opened in Oklahoma during 2024?
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 opened in Oklahoma during 2024. The table provided in Item 20 of the FDD details the status of franchised outlets from 2022 to 2024, broken down by state. In 2024, Oklahoma had zero franchises at the start of the year, opened one franchise, and ended the year with one franchise. There were no terminations, non-renewals, re acquisitions by the franchisor, or ceased operations for Pearce Bespoke franchises in Oklahoma during that year.
This information is crucial for potential franchisees as it provides insight into the growth and stability of the Pearce Bespoke brand in specific geographic areas. The fact that Oklahoma saw a net increase of one franchise in 2024 suggests some level of expansion in that market. However, it's important to note that this is a relatively small number, and further investigation into the performance and support provided to franchisees in Oklahoma would be beneficial.
Prospective franchisees should consider this data in conjunction with other factors, such as market demographics, competition, and the franchisor's overall growth strategy. It is also advisable to speak with existing Pearce Bespoke franchisees in Oklahoma, if any, to gain firsthand knowledge of their experiences and the challenges and opportunities in that particular market.