Are the fees payable to Pearce Bespoke refundable?

According to Pearce Bespoke's 2025 Franchise Disclosure Document, most fees payable to Pearce Bespoke are non-refundable. Specifically, the FDD states that all fees are uniformly imposed and non-refundable, except where otherwise noted. This means that a prospective franchisee should carefully review the terms and conditions of each fee to determine if any specific exceptions apply. Franchisees should be aware that Pearce Bespoke requires authorization to withdraw royalty fees, brand fund fees, and other fees directly from the franchisee's bank account.

Given this general policy of non-refundability, it is crucial for potential Pearce Bespoke franchisees to fully understand all the fees involved before signing the franchise agreement. This includes not only the initial franchise fee but also ongoing fees such as royalty fees, technology fees, and marketing contributions. Understanding when these fees are due and how they are calculated is essential for managing the financial aspects of the franchise.

While the FDD specifies that most fees are non-refundable, it also mentions that there may be exceptions. Therefore, prospective franchisees should carefully examine the specific details of each fee outlined in Item 6 and other relevant sections of the FDD. If there are any uncertainties or concerns about the refundability of certain fees, it is advisable to seek clarification from Pearce Bespoke or consult with a franchise attorney before making a final decision. This will help ensure a clear understanding of the financial obligations and minimize potential disputes in the future.