For the Pearce Bespoke financial performance representation, how many clothiers were included in the data?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
There are twenty-six (26) clothiers who operated from January through December 2024. We have excluded any clothiers who did not operate for the full twelve (12) months. We generally recommend that you have at least one clothier per Territory; however, there are some clothiers who operate in more than one Territory on behalf of the same Franchisee.
The basis for inclusion of this Financial Performance Representation is the affiliate-owned and franchised outlets represented below are similar to the franchise being offered under this Disclosure Document in terms of operations and product offerings. There are no material financial or operational characteristics of the represented affiliate-owned and franchised outlets that are reasonably anticipated to differ materially from future franchise outlet operations.
Written substantiation for the financial performance representation will be made available to the prospective franchisee upon request.
Some outlets have earned this amount. Your individual results may differ. There is no assurance that you'll earn as much.
Source: Item 19 — FINANCIAL PERFORMANCE REPRESENTATIONS (FDD pages 35–36)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the financial performance representation includes data from twenty-six (26) clothiers. These clothiers operated for the full twelve months from January through December 2024. Any clothiers who did not operate for the entire year were excluded from the data.
Pearce Bespoke generally recommends at least one clothier per territory. However, some clothiers operate in multiple territories on behalf of the same franchisee. The franchisor states that the affiliate-owned and franchised outlets represented are similar to the franchise being offered in terms of operations and product offerings. They also state that there are no material financial or operational characteristics of the represented outlets that are reasonably anticipated to differ materially from future franchise outlet operations.
It is important to note that while this financial performance representation provides some insight into potential earnings, Pearce Bespoke states that individual results may differ, and there is no assurance that a franchisee will earn as much as the amounts represented. Prospective franchisees should carefully review the written substantiation for this financial performance representation, which Pearce Bespoke will make available upon request, and consider all factors that may affect their individual performance.