What is the 'Franchisee Share' as it relates to payments from Pearce Bespoke to the Franchisee?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
On a weekly basis, Franchisor will calculate the Gross Sales, Net Sales, and Credit Card Sales (as defined below) generated from the operation of Franchisees Pearce Bespoke Business. Certain fees are payable based upon Gross Sales or Credit Card Sales. On a weekly basis, Franchisor will provide a report to Franchisee, on the Gross Sales, Net Sales, and Credit Card Sales from Franchisee's Business. Franchisor will pay Franchisee, by EFT, ACH, direct deposit, or a similar means, the Net Sales generated from Franchisee's Business during the previous calendar week minus: (i) all fees, including Royalty Fee, Brand Fund Fee, POS System Subscription Fee, and Technology Fee as detailed in and permitted by this Agreement; (ii) amounts owe by Franchisee to Franchisor or its affiliates for purchases of supplies permitted by an
Source: Item 22 — CONTRACTS (FDD page 39)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, franchisees receive their share of revenue on a weekly basis. Pearce Bespoke calculates Gross Sales, Net Sales, and Credit Card Sales weekly. Franchisees then receive a report detailing these sales figures for their business.
Pearce Bespoke pays the franchisee the Net Sales generated from their business during the previous week. This payment is made via EFT, ACH, direct deposit, or a similar method. However, this payment is not the entirety of the Net Sales, as certain deductions are made.
The Net Sales payment is reduced by (i) all fees, including Royalty Fee, Brand Fund Fee, POS System Subscription Fee, and Technology Fee, and (ii) any amounts the franchisee owes to Pearce Bespoke or its affiliates for purchases of supplies. This means the franchisee's actual take-home pay will be the Net Sales minus these deductions.