When is the Approval of Supplier Fee due for Pearce Bespoke franchisees?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
all costs including transportation, lodging, |
| 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 examination. 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 get approval. This involves paying the $500 fee plus covering the expenses Pearce Bespoke incurs to evaluate the supplier. This evaluation ensures that the supplier meets Pearce Bespoke's standards for quality, design, warranties, appearance, function, and performance for items such as furniture, equipment, signs, and supplies.
This requirement is fairly standard in franchising, as franchisors want to maintain consistency and quality across all franchise locations. By controlling the supply chain, Pearce Bespoke can ensure that franchisees are using products and materials that meet their specifications. While this may limit a franchisee's choice of suppliers, it also protects the brand's reputation and ensures a consistent customer experience. Franchisees should factor this fee and the approval timeline into their planning when sourcing supplies.