What is the total number of Pearce Bespoke franchises opened across all states between 2022 and 2024?

According to Pearce Bespoke's 2025 Franchise Disclosure Document, a total of 48 franchised outlets were opened between 2022 and 2024. Specifically, in 2022, 1 franchised outlet opened. In 2023, 36 franchised outlets opened. In 2024, 9 franchised outlets opened.

These figures provide a system-wide view of franchise growth, but prospective franchisees should also consider the state-by-state breakdown. The number of openings can vary significantly depending on the state, with some states experiencing more rapid growth than others. For example, Florida saw 10 new franchises open in 2023, while several states had no new openings during the same period.

It's important to note that these numbers reflect gross openings and do not account for closures, terminations, or other changes in franchise status. Reviewing Item 20 in its entirety will give candidates a better understanding of the overall health and stability of the Pearce Bespoke franchise system. Franchisees should investigate the reasons behind outlet openings and closures to assess the growth trajectory and sustainability of the franchise in specific markets.

Furthermore, Pearce Bespoke provides projected openings for the next fiscal year, which can give potential franchisees an idea of where the brand anticipates growth. However, these are just projections and are subject to change based on various market conditions and other factors. Candidates should speak with existing franchisees to gain insights into the accuracy of these projections and the factors that may influence actual openings.