What is the estimated low 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 |
| On-Site Training4 | $0 | $5,000 | 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 low amount for travel and living expenses for training is $199. This figure covers lodging, transportation, and meals for two people attending the initial training program. The FDD specifies that these expenses are incurred as arranged with the lodging, transportation, and meal providers.
Pearce Bespoke notes that the low estimate assumes travel to their Training Facility in Baton Rouge, Louisiana. The high estimate of $2,500 accounts for the possibility of Pearce Bespoke conducting training at the franchisee's location, in which case the franchisee is responsible for covering the travel, lodging, and other reasonable costs incurred by Pearce Bespoke.
Prospective franchisees should consider that the actual costs may vary depending on factors such as the distance traveled, choice of accommodation, and meal preferences. It is important to budget accordingly and discuss training location options with Pearce Bespoke to get a more precise estimate based on individual circumstances.