What is the estimated high amount for travel and living expenses for training 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 | ||
| Initial Franchise Fee2 | $29,000 | $55,900 | Lump sum | When you sign the Franchise Agreement | Pearce Bespoke |
| Travel and Living Expenses For Training3 | $199 | $2,500 | As arranged | As incurred | Lodging, Transportation, and Meals |
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the estimated high amount for travel and living expenses for training is $2,500. This figure covers lodging, meals, and transportation for two people to attend the initial training program. The FDD specifies that these expenses are incurred as arranged and paid directly to lodging, transportation, and meal providers.
This cost can vary depending on the distance the franchisee and their staff must travel to the training location, the type of accommodations they choose, and their dining preferences. It is important to note that this estimate is for two individuals, so franchisees should factor in additional costs if they plan to bring more than one staff member to the initial training.
Prospective franchisees should consider these travel and living expenses as part of their initial investment and budget accordingly. They may also want to inquire about the location of the training facility and explore options for reducing travel costs, such as booking accommodations in advance or utilizing transportation options.