How does Pearce Bespoke collect the ongoing fee for the POS system from the franchisee?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
You must install a computerized POS System ("POS System") purchased through Pearce Bespoke or a third-party Approved Supplier that we approve. There is an ongoing fee associated with the use of our POS System, once per month we will withhold the amount due to operate the POS System from one of your weekly payments. This POS system is periodically modified in response to business operations, marketing conditions, and changes in technology. POS System collects and holds various types of data essential for retail and business operations. As of the date we issued this Disclosure Document, the POS System includes the following minimum components:
Source: Item 11 — FRANCHISOR'S ASSISTANCE, ADVERTISING, COMPUTER SYSTEMS AND TRAINING (FDD pages 21–27)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, there is an ongoing fee associated with the use of the POS system. Pearce Bespoke will withhold the amount due to operate the POS System from one of the franchisee's weekly payments once per month.
The FDD also states that Pearce Bespoke reserves the right to charge a periodic Technology Fee for technology-related services, including those related to the POS system. This Technology Fee is estimated to be roughly $1,200 per year, per Franchise, and may increase up to 10% annually.
It is important for a prospective franchisee to understand that while Pearce Bespoke currently has independent access to certain operational and financial information and data produced by the POS System and Software, there are no contractual limitations on Pearce Bespoke's right to access this information and data. Franchisees should inquire about the specifics of these fees, including how they are calculated, when they are charged, and under what circumstances they might increase.