factual

When is the Approval of Supplier Fee due for Pearce Bespoke?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

Type of Fee Amount Due Date Remarks
meals, and wages, if applicable.
Annual Certification Training $199 per session Yearly All active clothiers will be required to attend our annual certification training (the “Annual Certification Training”), which may be held online or in person at a location that we designate. We anticipate the cost of recertification will be approximately $199 and will be held monthly.
Approval of Supplier Fee $500 plus cost of examination and approval of a supplier requested by Franchisee. Prior to examination You will purchase only such types, models or brands of items, furniture, equipment, signs, and supplies that We approve for Pearce Bespoke as meeting its specifications and standards, including specifications and standards for quality, design, warranties, appearance, function, and performance.

Source: Item 6 — OTHER FEES (FDD pages 11–15)

What This Means (2025 FDD)

According to Pearce Bespoke's 2025 Franchise Disclosure Document, the Approval of Supplier Fee is due prior to the examination of the supplier. This fee covers the cost for Pearce Bespoke to examine and approve a supplier requested by the franchisee. The fee itself is $500, in addition to the costs associated with the examination and approval process.

This means that if a Pearce Bespoke franchisee wants to use a supplier that is not already approved by the company, they must first pay this fee to initiate the approval process. This ensures that all suppliers meet Pearce Bespoke's standards for quality, design, warranties, appearance, function, and performance.

Franchisees should factor this fee and the associated approval timeline into their business planning, especially when sourcing specific items, furniture, equipment, signs, or supplies. It's important to communicate with Pearce Bespoke early in the process to understand the full scope of the examination and approval costs, as these are in addition to the stated $500 fee.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.