How many Pearce Bespoke outlets were reacquired from franchisees in Louisiana 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 were zero franchises reacquired in Louisiana during 2023. The table provided in Item 20 of the FDD details the franchise activity by state, including the number of franchises reacquired by the franchisor.
Specifically, the table shows that in Louisiana during 2023, there was one franchise opened, and zero terminations, non-renewals, or re acquisitions by the franchisor. This indicates that no existing Pearce Bespoke franchise in Louisiana was taken back by the company during that year.
This information is crucial for potential franchisees as it provides insight into the stability and performance of existing franchises within the Pearce Bespoke system. A high number of re acquisitions could indicate potential issues with franchisee success or franchisor relations, while a low number, as in this case, suggests a more stable franchise network.