What costs are associated with obtaining approval for a supplier for Pearce Bespoke?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| meals, and wages, if applicable. | |||
| Annual Certification Training | $199 per session | Yearly | All active clothiers will be required to attend our annual certification training (the “Annual Certification Training”), which may be held online or in person at a location that we designate. We anticipate the cost of recertification will be approximately $199 and will be held monthly. |
| 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, franchisees may request approval for a supplier not already approved by the company. If a franchisee chooses to do so, they will incur an "Approval of Supplier Fee" of $500, in addition to covering the costs associated with the examination and approval process of the requested supplier. This fee is due prior to the examination.
Pearce Bespoke requires franchisees to purchase only approved items, furniture, equipment, signs, and supplies that meet the company's specifications and standards. These standards include quality, design, warranties, appearance, function, and performance. This requirement ensures consistency and quality across all Pearce Bespoke franchise locations.
The cost of examination and approval of a supplier could vary significantly depending on the type of supplier and the complexity of the approval process. It is important for prospective franchisees to factor in these potential costs when considering sourcing supplies from non-approved vendors. Franchisees should discuss with Pearce Bespoke what the typical costs are for examining and approving a new supplier to better understand the potential financial implications.