Besides the $500, what other costs are associated with the Approval of Supplier Fee for Pearce Bespoke?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| 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, in addition to the $500 fee for supplier approval, a franchisee must also cover the cost of the examination and approval process itself. This fee is due prior to the examination of the supplier.
This means that if a Pearce Bespoke franchisee wants to use a supplier not already approved by the company, they will be responsible for paying both the $500 fee and any additional costs Pearce Bespoke incurs to examine and approve the new supplier. These examination costs could include expenses related to assessing the supplier's quality control, production capabilities, and compliance with Pearce Bespoke's standards.
It is important for a prospective Pearce Bespoke franchisee to understand that the total cost for supplier approval could be significantly higher than just the stated $500, depending on the complexity and thoroughness of the examination required. Franchisees should inquire with Pearce Bespoke about what typical examination costs have been for other franchisees to better budget for this potential expense.