How many Pearce Bespoke franchises were operating in Oregon at the start 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 was one franchise operating in Oregon at the start of 2024.
This information is crucial for prospective franchisees as it provides insight into the brand's existing market presence in Oregon. Knowing the number of existing franchises can help a potential franchisee gauge brand awareness and market saturation in the state. A single franchise might indicate an opportunity for growth, but it also suggests that the brand is relatively new to the area, which could present both challenges and opportunities.
It is also important to consider the growth trajectory. The FDD shows that in 2023, Pearce Bespoke opened one franchise in Oregon, bringing the total to one by the end of the year. In 2024, no additional franchises were opened, leaving one franchise at the end of the year. This data helps to understand the pace of expansion in Oregon, which can be useful in forecasting potential market development and competition.
Prospective franchisees should further investigate the performance of the existing Pearce Bespoke franchise in Oregon. Understanding its financial performance, customer base, and operational challenges can provide a more comprehensive picture of the market dynamics and the potential for success in the region. Additionally, it would be beneficial to understand Pearce Bespoke's strategic plans for Oregon and the level of support they intend to provide to franchisees in the state.