What advance written notice is required to renew a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
visions in the agreements attached to this Disclosure Document.**
A. Franchise Agreement
| Provision | Section in Franchise | Summary | |
|---|---|---|---|
| Agreement | |||
| a. | Length of the franchise | Section 2(A) | 10 years |
| b. | Renewal or extension of the term | Section 2(B) | If you meet the renewal requirements set forth in the Franchise Agreement, you can renew the Franchise Agreement for up to two additional 5-year period(s). |
| c. | Requirements for you to renew or extend | Section 2(B) | Provide advance notice in writing, sign then current Franchise Agreement, pay renewal fee, remodel, meet all current Brand Standards, secure extension of lease and be in compliance with current Franchise Agreement during the term of the Agreement. |
Source: Item 17 — RENEWAL, TERMINATION, TRANSFER AND DISPUTE RESOLUTION THE FRANCHISE RELATIONSHIP (FDD pages 31–34)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, to renew a franchise agreement, a franchisee must provide advance notice in writing. The FDD does not specify the exact timeframe required for this advance written notice. In addition to providing advance written notice, the franchisee must sign the then-current Franchise Agreement, pay a renewal fee, remodel the premises if required, meet all current Brand Standards, secure an extension of the lease, and be in compliance with the current Franchise Agreement during its term.
It is important to note that Pearce Bespoke may ask the franchisee to sign a Franchise Agreement with materially different terms and conditions than the original agreement. The renewal provisions are subject to state law, which may impose additional requirements or restrictions.
Because the exact amount of advance notice is not specified in the FDD, a prospective franchisee should ask Pearce Bespoke for clarification on the required timeframe to ensure compliance with the renewal terms. Understanding this timeline is crucial for franchisees to plan effectively for the renewal process and avoid any potential issues.