What was the average gross revenue for the top 10% of Pearce Bespoke clothiers in the provided data?
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 | $14,928 | $14 ,042 – $16 ,115 | ||||||
| Quartile 4 | 8 |
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 the top 10% of its clothiers, which consisted of 3 outlets, was $112,174. The range of gross revenue for this group was between $81,075 and $157,045. This data is based on the performance of 26 clothiers who operated from January through December 2024, excluding those who did not operate for the full twelve months. Pearce Bespoke generally recommends at least one clothier per Territory, though some operate in multiple Territories for the same Franchisee.
This financial performance representation is based on affiliate-owned and franchised outlets that Pearce Bespoke considers similar to the franchise being offered in terms of operations and product offerings. Pearce Bespoke states that there are no material financial or operational characteristics of the represented outlets that are reasonably anticipated to differ materially from future franchise outlet operations. However, the FDD also includes a disclaimer that individual results may vary and there is no assurance that a franchisee will earn as much as the amounts represented.
For a prospective franchisee, this information provides an insight into the potential earnings of the top-performing Pearce Bespoke clothiers. However, it's crucial to understand that achieving these results is not guaranteed, and the success of a franchise can depend on various factors, including location, management skills, and local market conditions. The FDD notes that written substantiation for the financial performance representation will be made available to the prospective franchisee upon request, which would be a valuable resource for further investigation.
It is important to note that while the FDD provides the average gross revenue for specific performance groups, it does not detail the expenses associated with running the business. Therefore, a prospective franchisee should carefully consider all potential costs, including cost of sales, royalties, marketing fees, and other operating expenses, to determine the potential profitability of a Pearce Bespoke franchise. Reviewing the complete financial picture, including both revenue and expenses, is essential for making an informed investment decision.