Is the Pearce Bespoke franchisee required to assist with an audit for renewal?

According to the 2025 Pearce Bespoke Franchise Disclosure Document, franchisees may be required to assist with an audit as part of the renewal process. Specifically, at Pearce Bespoke's discretion, the franchisee must assist Pearce Bespoke or its designee with an audit of the Pearce Bespoke Franchise. This audit can include both a financial and an operational review to assess compliance with the brand's current standards.

Any deficiencies identified during the audit must be resolved before the current term expires. Furthermore, the franchisee is responsible for covering the costs incurred by Pearce Bespoke in connection with the audit if any deficiencies are found. These costs, payable upon demand before the expiration of the existing term, can include audit expenses, transportation, lodging, meals, and any other related expenses.

This requirement means that a Pearce Bespoke franchisee needs to maintain meticulous records and adhere strictly to brand standards throughout the franchise term. Failure to do so could not only delay or prevent renewal but also result in significant unexpected expenses for the franchisee. The discretionary nature of the audit places additional importance on maintaining a strong, compliant relationship with Pearce Bespoke.