In which states did Pearce Bespoke have exactly one franchise operating at the end of 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 |
| 2023 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| 2024 | 2 | 2 | 0 | 0 | 0 | 0 | 4 | |
| CA | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 4 | 0 | 0 | 0 | 0 | 4 | |
| 2024 | 4 | 2 | 0 | 0 | 0 | 0 | 6 | |
| FL | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 10 | 0 | 0 | 0 | 0 | 10 | |
| 2024 | 10 | 0 | 0 | 0 | 0 | 0 | 10 | |
| GA | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 3 | 0 | 0 | 0 | 0 | 3 | |
| 2024 | 3 | 0 | 0 | 0 | 0 | 0 | 3 | |
| IN | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
| 2024 | 0 | 2 | 0 | 0 | 0 | 0 | 2 | |
| LA | 2022 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 2023 |
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, several states had exactly one franchise operating at the end of 2023. Specifically, Louisiana (LA), Mississippi (MS), and Oregon (OR) each had one franchise location at the close of 2023. This information is based on the table that details the number of franchises at the start and end of each year, as well as the number of franchises opened, terminated, or reacquired by the franchisor.
For a prospective franchisee, this data indicates the current geographic footprint of Pearce Bespoke. The presence of only one franchise in a state could suggest either a new market with potential for growth or a market that has not yet proven successful. It is important to note that Indiana (IN) and Michigan (MI) had zero franchises operating at the end of 2023.
It is also worth noting that South Carolina (SC) had one franchise at the start of 2023 and opened one more, resulting in two franchises at the end of the year. This level of detail can help potential franchisees assess the growth trajectory and market penetration of Pearce Bespoke in different regions. Reviewing these numbers in conjunction with other factors, such as local market conditions and the level of support provided by Pearce Bespoke, is crucial for making an informed investment decision.