As of the date of this Pearce Bespoke Franchise Disclosure Document, what is the filing status for California?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
The following States require that the Franchise Disclosure Document be registered or filed with the State, or be exempt from registration: California, Hawaii, Illinois, Indiana, Maryland, Michigan, Minnesota, New York, North Dakota, Rhode Island, South Dakota, Virginia, Washington, and Wisconsin.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, California requires that the Franchise Disclosure Document be registered or filed with the state, or be exempt from registration. This means that Pearce Bespoke has either registered or filed their FDD with the state of California, or they have met the requirements for an exemption from registration.
For a prospective franchisee, this indicates that Pearce Bespoke has taken the necessary legal steps to offer franchises in California. The state may review the FDD to ensure it meets certain standards of disclosure, which provides some level of assurance to potential franchisees. However, registration does not mean the state recommends the franchise or verifies the information in the FDD.
It is important for a prospective Pearce Bespoke franchisee in California to carefully review the FDD and any addenda specific to California to understand their rights and obligations. They should also consult with an attorney or financial advisor to assess the risks and benefits of investing in a Pearce Bespoke franchise.