What is the cost of the POS system for a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| TYPE OF | AMOUNT | METHOD | TO WHOM | ||
|---|---|---|---|---|---|
| EXPENDITURES1 | LOW | HIGH | OF | WHEN DUE | PAYMENT IS |
| ESTIMATE | ESTIMATE | PAYMENT | TO BE MADE | ||
| POS System Subscription | $1,155 | $1,155 | As arranged | As incurred | Pearce Bespoke |
| Fee (3 months)12 | |||||
| Computer System13 | $0 | $2,500 | Lump sum | Before opening | Third-party suppliers |
| POS System | $1,315 | $1,315 | Lump sum | Before opening | Third-party suppliers |
Technology Fee.
You will pay us a weekly technology fee of $25 (four times per month, for a total of $100 per month).
Computer System.
You must have an iPad, phone, and printer to operate your Franchise.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, franchisees must use the POS system and software that Pearce Bespoke has selected. The initial investment table outlines two separate POS-related costs: a POS System Subscription Fee and a POS System cost. The POS System Subscription Fee is estimated to be $1,155 for the first three months. The POS System itself is a one-time cost of $1,315.
In total, a new Pearce Bespoke franchisee can expect to pay $2,470 for the POS system and related subscription fees during their first three months of operation. It is important to note that the POS System cost is a one-time, lump-sum payment due before opening, while the subscription fee is paid as incurred. Both payments are made to third-party suppliers.
Additionally, franchisees will incur a weekly technology fee of $25, totaling $100 per month, payable to Pearce Bespoke. This fee is separate from the POS system costs and covers other technology-related expenses. Franchisees must also have an iPad, phone, and printer to operate their franchise. The initial investment table estimates the cost for a computer system, including these items, to be between $0 and $2,500, depending on whether the franchisee already owns the necessary devices.
Prospective franchisees should confirm with Pearce Bespoke or existing franchisees which specific POS system and software are required, and whether there are any ongoing costs beyond the initial subscription fee. Understanding the full scope of technology-related expenses is crucial for accurate financial planning.