Does Pearce Bespoke have the discretion to add new goods and services for franchisees to offer?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
You must offer and sell only those goods and services that Pearce Bespoke has approved. You also must offer all goods and services that Pearce Bespoke designates as required for all franchisees. Pearce Bespoke may, at its discretion, add new goods and services, based on its evaluation of various factors, including customer demands, the geographic location of your Franchise and any other factor which Pearce Bespoke deems important to the operation of your Franchise. Pearce Bespoke's right to modify the approved list of goods and services to be offered at a Pearce Bespoke Franchise is not limited.
Source: Item 16 — RESTRICTIONS ON WHAT THE FRANCHISEE MAY SELL (FDD pages 30–31)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, Pearce Bespoke has the authority to add new goods and services that franchisees must offer. Franchisees are required to offer and sell only those goods and services that Pearce Bespoke approves. Moreover, franchisees must offer all goods and services that Pearce Bespoke designates as required for all franchisees.
Pearce Bespoke's decision to add new goods and services is based on its evaluation of factors such as customer demands and the geographic location of the franchise. The FDD states that Pearce Bespoke's right to modify the approved list of goods and services is not limited, giving them broad discretion in this area.
This means that as a Pearce Bespoke franchisee, you must be prepared to adapt your offerings based on the franchisor's decisions. While this could lead to increased revenue if the new goods and services are successful, it also means you may be required to invest in new inventory or training, potentially impacting your profitability. It is important to stay informed of any changes and understand the reasoning behind them to effectively manage your business.