Are the fees payable to Pearce Bespoke uniformly imposed and refundable?

According to Pearce Bespoke's 2025 Franchise Disclosure Document, most fees payable to Pearce Bespoke are uniformly imposed and non-refundable. Specifically, the FDD states that unless otherwise noted, all fees are payable to Pearce Bespoke, are uniformly imposed, and are non-refundable. This means that Pearce Bespoke franchisees can generally expect to pay the same fees as other franchisees, and that these fees will not be returned under normal circumstances.

This policy has significant implications for prospective franchisees. Because the fees are non-refundable, franchisees need to carefully consider their financial situation and business plan before committing to the franchise. Franchisees should ensure they have sufficient capital to cover these fees, as well as other start-up and operating costs. The uniform imposition of fees provides a level of transparency and predictability, allowing franchisees to budget and plan accordingly.

However, it is important to note the phrase "except where otherwise noted." This suggests that there may be specific fees that are either not uniformly imposed or are refundable under certain conditions. The FDD does not elaborate on which fees might fall into this category, so prospective franchisees should seek clarification from Pearce Bespoke regarding any exceptions to this general rule. Understanding the specific circumstances under which a fee might be refundable is crucial for making an informed investment decision. Franchisees should also be aware that Pearce Bespoke requires franchisees to allow them to withdraw royalty fees, brand fund fees, and other fees directly from their bank account.