What is the fee for Pearce Bespoke's approval of a supplier requested by the franchisee?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
all costs including transportation, lodging, |
| Type of Fee | Amount | Due Date | Remarks |
|---|---|---|---|
| meals, and wages, if applicable. | |||
| Annual Certification Training | $199 per session | Yearly | All active clothiers will be required to attend our annual certification training (the "Annual Certification Training"), which may be held online or in person at a location that we designate. We anticipate the cost of recertification will be approximately $199 and will be held monthly. |
| Approval of Supplier Fee | $500 plus cost of examination and approval of a supplier requested by Franchisee. | Prior to examination | You will purchase only such types, models or brands of items, furniture, equipment, signs, and supplies that We approve for Pearce Bespoke as meeting its specifications and standards, including specifications and standards for quality, design, warranties, appearance, function, and performance. |
Source: Item 6 — OTHER FEES (FDD pages 11–15)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, if a franchisee requests approval for a new supplier, Pearce Bespoke charges an Approval of Supplier Fee. This fee consists of $500, in addition to the costs associated with examining and approving the supplier. This fee is due prior to the examination of the supplier.
This policy ensures that franchisees adhere to Pearce Bespoke's standards for quality, design, warranties, appearance, function, and performance when sourcing items, furniture, equipment, signs, and supplies. By requiring approval, Pearce Bespoke maintains consistency across all franchises and protects its brand reputation.
For a prospective franchisee, this means that if they wish to use a supplier not already approved by Pearce Bespoke, they will incur this fee. It is important to factor in this potential cost when considering sourcing options and managing operational expenses. Franchisees should communicate with Pearce Bespoke to understand the full scope of the examination and approval process, as well as the potential costs involved, to make informed decisions about their supply chain.