What advance written notice is required to renew a Pearce Bespoke franchise agreement?
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, franchisees must provide advance written notice to renew their franchise agreement. The FDD does not specify the exact length of advance notice required. To renew, franchisees must also sign the then-current Franchise Agreement, pay a renewal fee, remodel their location, meet all current Brand Standards, secure an extension of their lease, and be in compliance with the current Franchise Agreement during its term.
It is important to note that Pearce Bespoke may ask franchisees to sign a Franchise Agreement with materially different terms and conditions than their original agreement. The renewal requirements are subject to state law, which may provide additional stipulations or protections for the franchisee.
Because the exact amount of advance written notice is not specified in the 2025 FDD, prospective Pearce Bespoke franchisees should clarify this detail with the franchisor during their due diligence. Understanding the required notice period is crucial for planning and ensuring a smooth renewal process. Franchisees should also inquire about potential changes in the renewal agreement and associated costs to make an informed decision.