Where can I find the Pearce Bespoke Franchise Agreement in the Disclosure Document?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
PEARCE BESPOKE FRANCHISING, LLC
FRANCHISE AGREEMENT
THIS FRANCHISE AGREEMENT (this "Agreement") is made and entered into as of the date agreed upon and listed in Attachment A of this Agreement (the "Effective Date"), by and between Pearce Bespoke Franchising, LLC, a North Carolina limited liability company ("Franchisor"), and the individual or entity identified as the Franchisee in Attachment A of this Agreement ("Franchisee").
BACKGROUND:
- A. Through the expenditure of considerable time, effort, and money, Franchisor has developed unique and distinctive businesses which feature high-quality custom men's and women's clothing ("Pearce Bespoke Franchises"). Franchisor uses and licenses certain trademarks, including Pearce Bespoke™, and may hereafter adopt, use, and license additional or substitute trademarks, service marks, logos, and commercial symbols in connection with the operation of Pearce Bespoke Franchises (collectively, the "Marks"). Pearce Bespoke Franchises use Franchisor's methods, procedures, standards, specifications, and the Marks (all of which are collectively referred to as the "Business System"), which Franchisor may periodically improve, further develop, or otherwise modify.
- B. Franchisee has had an adequate opportunity to be thoroughly advised of the provisions of this Agreement and Franchisor's Disclosure Document and has had sufficient time and opportunity to evaluate and investigate the Business System and the procedures and financial requirements associated with the Business System as well as the competitive market in which it operates.
- C. Franchisee desires to operate a Pearce Bespoke Franchise which will conform to the uniform requirements and brand standards of the Business System.
AGREEMENTS:
The Franchisor and Franchisee agree as follows:
1. GRANT OF FRANCHISE; FRANCHISED TERRITORY
A. Grant of Franchise.
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the full Franchise Agreement can be found within the disclosure document itself. Item 22 refers to contracts and emphasizes the importance of carefully reading all agreements. The document includes addenda and amendments specific to certain states like New York and Rhode Island, which modify the standard agreement.
Attachment A of the Franchise Agreement, as referenced in the document, contains the effective date of the agreement and likely other franchisee-specific information. The agreement outlines the grant of the franchise and the franchised territory, indicating the scope and limitations of the franchisee's operational rights.
Several sections of the agreement, such as those concerning sales reports, financial statements, audit rights, internet website participation, and confidentiality, highlight the ongoing obligations and responsibilities of the franchisee. These sections detail the required reporting, adherence to brand standards, and protection of confidential information, all of which are critical for maintaining the integrity and consistency of the Pearce Bespoke brand. The Franchise Agreement is a comprehensive document that governs the relationship between Pearce Bespoke and its franchisees, and it is essential for prospective franchisees to review it thoroughly.