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Why were some Pearce Bespoke clothiers excluded from the financial performance representation?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

There are twenty-six (26) clothiers who operated from January through December 2024. We have excluded any clothiers who did not operate for the full twelve (12) months. We generally recommend that you have at least one clothier per Territory; however, there are some clothiers who operate in more than one Territory on behalf of the same Franchisee.

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 financial performance representation includes data from twenty-six clothiers who operated from January through December 2024. However, Pearce Bespoke excluded any clothiers who did not operate for the full twelve months of the year. This means that only those locations with a complete year of operational data were included in the financial performance representation.

This exclusion is important for prospective franchisees because the financial performance data presented is based on a full year of operations. If a franchisee opens a Pearce Bespoke location mid-year, their initial performance may not align with the figures presented, as those figures represent a full 12-month period. It also suggests that Pearce Bespoke aims to provide a realistic view of potential earnings based on a consistent operational period.

Pearce Bespoke also notes that they generally recommend at least one clothier per Territory, but some clothiers operate in more than one Territory on behalf of the same Franchisee. This could mean that the performance of a single franchisee might be influenced by their ability to manage multiple territories, which is a factor to consider when evaluating the financial performance data. Prospective franchisees should inquire about the performance of clothiers operating in single versus multiple territories to better understand potential variations in financial outcomes.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.