How many Pearce Bespoke franchises were operating in Indiana at the end of 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, there were two franchises operating in Indiana at the end of 2024. The FDD provides a detailed table outlining the number of franchises in each state, tracking changes from year to year. This includes new franchises opened, terminations, non-renewals, re acquisitions by the franchisor, and franchises that ceased operations for other reasons. This level of detail can help prospective franchisees understand the stability and growth of the Pearce Bespoke brand in specific geographic areas.
For a prospective franchisee, this information is valuable in assessing the brand's presence and performance in Indiana. Knowing that two franchises were operating at the end of 2024 provides a baseline for further investigation. A potential franchisee might want to explore the reasons behind the limited number of franchises in the state, such as market size, competition, or other factors that could impact the success of a new location.
It's also important to note that the table provides historical data, allowing potential franchisees to see trends in franchise openings and closures over time. This can help in evaluating the overall health and attractiveness of the Pearce Bespoke franchise system. By comparing the number of franchises opened to the number closed or terminated, a prospective franchisee can gain insights into the potential risks and rewards of investing in a Pearce Bespoke franchise in Indiana or other states.