What was the average gross revenue for Pearce Bespoke clothiers in Quartile 1?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Start Date | Name | Gross | Alterations | Travel | Shipping | Cost of | Credit Card | Marketing | Royalties |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | Sales | Fees | (Brand Fund) | ||||||
| Outlet Type | Year | Outlets at the Start of the Year | Outlets at the End of the Year | Net Change | |||||
| Franchised Outlets | 2022 2023 # | 0 1 | 1 37 | +1 +36 | |||||
| Group | Clothiers | Avg. Gross Revenue | Range | ||||||
| Top 10 % | 3 | $112,174 | $81 ,075 – $157 ,045 | ||||||
| Quartile 1 | 6 | $69,051 | $24 ,452 – $157 ,045 | ||||||
| Quartile 2 | 6 | $19,831 | $17 ,600 – $21 ,830 | ||||||
| Quartile 3 | 6 |
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 35–36)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the average gross revenue for clothiers in Quartile 1 was $69,051. This data is based on the performance of 6 franchised outlets. The range of gross revenues within this quartile varied from $24,452 to $157,045.
This financial performance representation provides prospective franchisees with an idea of the potential revenue that Pearce Bespoke clothiers can generate. However, it is important to note that the actual financial performance of a franchise can vary significantly depending on factors such as location, management skills, and local market conditions. The FDD clearly states, "Some outlets have earned this amount. Your individual results may differ. There is no assurance that you'll earn as much."
It is typical for franchisors to present financial performance representations in their FDDs to give potential franchisees an understanding of what they might expect in terms of revenue and expenses. These representations are usually based on the performance of existing franchised or company-owned outlets. Pearce Bespoke included data from 26 clothiers who operated for the full twelve months of 2024.
Prospective franchisees should carefully review the entire Item 19 of the FDD, including the notes and disclaimers, and conduct their own independent research and due diligence before making any investment decisions. They should also speak with existing Pearce Bespoke franchisees to gather more information about their experiences and financial performance.