factual

Is a Pearce Bespoke franchisee required to acquire or lease a dedicated facility?

Pearce_Bespoke Franchise · 2025 FDD

Answer from 2025 FDD Document

lodging, and other reasonable costs that we incur.

    1. Rent (if applicable). You are not required to acquire or lease a dedicated facility to be used solely for your Franchise. However, we anticipate that some franchisees will lease or rent an office or a shared workplace at some point in the operation of their Franchise. The low end of the estimate contemplates working from a home office. The high end of rent estimate contemplates three month's rents based on our knowledge of rent expenses in Baton Rouge, Louisiana for class B or C office space. Rent expense for a facility from which to operate your Franchise will vary, based on location, square footage, age of the property, condition of the structure, lease arrangements, and other such factors, including whether you rent from a shared workspace or co-working space and your credit worthiness.
    1. Opening Inventory & Equipment Package. Upon signing the Franchise Agreement, you will also pay to us $8,000 for your opening inventory and equipment, which is used in the initial start- up phase of your Franchise ("Opening Inventory Package").

Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)

What This Means (2025 FDD)

According to Pearce Bespoke's 2025 Franchise Disclosure Document, franchisees are not required to acquire or lease a dedicated facility to operate their franchise. However, Pearce Bespoke anticipates that some franchisees may choose to lease or rent an office or shared workspace during the operation of their franchise.

The FDD indicates that the estimated initial investment for rent can range from $0 to $1,500 for three months. The low end of this estimate assumes the franchisee will work from a home office, while the high end is based on three months' rent for Class B or C office space in Baton Rouge, Louisiana. The actual rent expense will vary depending on factors such as location, square footage, the age and condition of the property, lease arrangements, and the franchisee's creditworthiness.

This flexibility allows a Pearce Bespoke franchisee to start the business with minimal overhead by operating from a home office. As the business grows, the franchisee can then decide whether to invest in a more formal office space. This decision will depend on their individual business needs and financial situation.

Disclaimer: This information is extracted from the 2025 Franchise Disclosure Document and is provided for research purposes only. It does not constitute legal or financial advice. Consult with a franchise attorney before making any investment decisions.