Are Pearce Bespoke employees authorized to make financial performance representations?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
Other than the preceding financial performance representation, we do not make any financial performance representations. We also do not authorize our employees or representatives to make any such representations either orally or in writing. If you are purchasing an existing outlet, however, we may provide you with the actual records of that outlet. If you receive any other financial performance information or projections of your future income, you should report it to our management by contacting Nathan Pearce, 107 Parr Drive, Huntersville, NC 28078; (205) 919-2949, the Federal Trade Commission, and the appropriate state regulatory agencies.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 35–36)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, Pearce Bespoke does not authorize its employees or representatives to make any financial performance representations, either orally or in writing. This means that prospective franchisees should not rely on any financial projections or income claims made by Pearce Bespoke employees.
However, if a prospective franchisee is purchasing an existing Pearce Bespoke outlet, the franchisor may provide the actual records of that outlet. This is a common practice in franchising, as it allows potential buyers to review the financial history of the specific location they are considering.
The FDD instructs prospective franchisees to report any unauthorized financial performance information or projections they receive to Pearce Bespoke's management, the Federal Trade Commission, and the appropriate state regulatory agencies. This is to protect potential franchisees from misleading or inaccurate information and to ensure compliance with franchise regulations.