How many Pearce Bespoke franchises were operating in Texas 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 were six franchises operating in Texas at the start of 2024. The FDD provides a detailed table outlining the number of franchises at the start and end of each year, as well as the number of franchises opened, terminated, or otherwise ceased operations. This information is broken down by state, offering a clear view of Pearce Bespoke's franchise growth and stability in different regions. This level of detail can be helpful for prospective franchisees to assess the brand's performance and presence in specific markets.
For a prospective franchisee, this data indicates the existing market penetration of Pearce Bespoke in Texas. Knowing there were already six franchises operating at the beginning of 2024 can provide insights into brand recognition and customer demand in the state. It also shows that one additional franchise was opened in Texas during 2024, bringing the total to seven by the end of the year. This information can be valuable in evaluating the potential for success and competition in the Texas market.
It's important to note that the FDD also includes data on franchise terminations, non-renewals, and re acquisitions by the franchisor. In the case of Texas, there were no terminations, non-renewals, or re acquisitions reported for the years 2022, 2023, and 2024. This suggests a stable franchise network in the state, which can be a positive indicator for potential investors. Reviewing these trends over several years can provide a more comprehensive understanding of the franchise system's health and sustainability.
Overall, the detailed franchise information provided in Item 20 of the Pearce Bespoke FDD offers valuable insights for prospective franchisees. By examining the number of franchises operating in specific states, as well as the changes in franchise ownership and status, potential investors can make more informed decisions about their investment and business strategy.