How many Pearce Bespoke franchises opened in South Carolina 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, there was one franchise opened in South Carolina during 2023. The table provided in Item 20 outlines the status of franchised outlets from 2022 to 2024, showing the changes in the number of franchises across different states.
Specifically, the data for South Carolina indicates that at the start of 2023, there was one franchise. During 2023, one additional franchise was opened, bringing the total to two franchises by the end of the year. This information is useful for potential franchisees as it provides insight into the growth and presence of Pearce Bespoke in South Carolina.
Reviewing the history of franchise openings and closures can help a prospective franchisee assess the stability and growth potential of the Pearce Bespoke brand in specific regions. It's important to note that past performance doesn't guarantee future results, but it does offer a tangible view of the brand's expansion and market penetration efforts.