What is the estimated range for the initial investment for the first Pearce Bespoke franchised business?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
| Type of Expenditure | Amount | Method of | When Due | To Whom |
|---|---|---|---|---|
| Payment | Payment Is Made | |||
| Development Fee (1) | $106,800 (2 Territories) | Lump sum | When sign Development Agreement | Us |
| Estimated Initial Investment for First Franchised Business (2) | $13,919 - $179,220 | As incurred | As incurred | Us and third parties |
| TOTAL | $120,719 - $286,020 | |||
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 initial investment for the first franchised business ranges from $13,919 to $179,220. This investment covers various expenses incurred during the initial phase of setting up and operating the franchise. These costs are paid to Pearce Bespoke and third parties.
It is important to note that these figures are estimates, and Pearce Bespoke cannot guarantee that franchisees will not incur additional expenses. The actual costs may vary depending on factors such as whether the franchisee intends to be an owner-operator or hire employees, how closely they follow Pearce Bespoke's methods and procedures, their management capabilities, business acumen, operational experience, local economic conditions, the local market for the concept, the prevailing wage rate, competition, and the sales levels reached during the initial period.
Prospective franchisees should carefully review the different expenditure categories outlined in Item 7 of the FDD to understand what each entails. They should also consider their individual circumstances and financial situation to determine the likely initial investment for their Pearce Bespoke franchise. It is advisable to consult with financial advisors and conduct thorough due diligence before making any investment decisions.