Besides the provided financial performance representation, does Pearce Bespoke make any other financial performance representations?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
Other than the preceding financial performance representation, we do not make any financial performance representations. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to our management by contacting Nathan Pearce, 107 Parr Drive, Huntersville, NC 28078; (205) 919-2949, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 35–36)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, besides the financial performance representation provided in Item 19, Pearce Bespoke does not make any other financial performance representations. The FDD specifies that Pearce Bespoke also does not authorize its employees or representatives to make any such representations, either orally or in writing. However, if a prospective franchisee is purchasing an existing outlet, Pearce Bespoke may provide the actual records of that outlet.
This is a fairly standard practice in franchising. The FDD aims to provide a transparent view of what franchisees might expect in terms of financial performance. Franchisees should be wary of any financial performance information that is not included in Item 19 or provided in the official records of an existing outlet.
The FDD provides contact information for Nathan Pearce, should a franchisee receive any other financial performance information or projections of future income. Franchisees are encouraged to report any unauthorized financial performance information to Pearce Bespoke management, the Federal Trade Commission, and the appropriate state regulatory agencies. This is to protect prospective franchisees from misleading or inaccurate information.