Where can I find information regarding the Pearce Bespoke Development Fee?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
t – Multiple Businesses Under Development Agreement**
| Type of Expenditure | Amount | Method of | When Due | To Whom | |
|---|---|---|---|---|---|
| Payment | Payment Is Made | ||||
| Development Fee (1) | $106,800 (2 Territories) | Lump sum | When sign Development Agreement | Us | |
| Estimated Initial Investment for First Franchised Business (2) | $13,919 - $179,220 | As incurred | As incurred | Us and third parties | |
| TOTAL | $120,719 - $286,020 | ||||
| #### Notes: |
In general, none of the expenses listed in the above chart are refundable.
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- Please see Item 5 for information on the Development Fee.
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Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, information regarding the Development Fee can be found in Item 5, as noted in Item 7. Item 7 also provides specific details regarding the Development Fee for multiple territories. The Development Fee for two territories is a lump sum of $106,800, payable when signing the Development Agreement, and is paid to Pearce Bespoke.
Item 7 also includes the estimated initial investment for the first franchised business under a development agreement, which ranges from $13,919 to $179,220. The total estimated investment for a multi-unit development agreement ranges from $120,719 to $286,020. These costs are incurred as needed and are payable to Pearce Bespoke and third parties.
Prospective franchisees should carefully review Item 5 of the FDD to understand the complete terms and conditions related to the Development Fee, including any potential refunds or other obligations. Understanding the factors that influence the initial investment for additional territories is also crucial for financial planning.