How many Pearce Bespoke franchises were operating in Tennessee 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 2 franchises operating in Tennessee at the end of 2024. The FDD provides a table that details the status of franchised outlets from 2022 to 2024, broken down by state. This table includes information on the number of franchises at the start of each year, the number of franchises opened, terminations, non-renewals, re acquisitions by the franchisor, ceased operations/other reasons, and the number of franchises at the end of the year.
For a prospective franchisee, this information is useful in understanding the growth and stability of the Pearce Bespoke brand in specific geographic areas. Seeing the changes in the number of franchises over a three-year period can provide insights into the brand's performance and potential market saturation in those states.
Specifically for Tennessee, the data shows that there were no Pearce Bespoke franchises in 2022, two franchises opened in 2023, and no additional franchises opened or closed in 2024, leaving a total of two franchises operating at the end of 2024. This detailed breakdown allows potential franchisees to assess the brand's existing presence and recent activity in their target state.