Does the 'Gross Sales' definition for a Pearce Bespoke franchise include revenue from barter transactions?

According to Pearce Bespoke's 2025 Franchise Disclosure Document, the definition of "Gross Sales" explicitly includes revenue from barter transactions. This means that any revenue generated through the exchange of goods or services, rather than direct monetary payment, is included when calculating a Pearce Bespoke franchise's total sales.

For a prospective Pearce Bespoke franchisee, this is an important consideration for tracking and reporting revenue. It ensures that all forms of income, including non-cash transactions, are accounted for in financial reporting and royalty calculations. This comprehensive definition of gross sales is fairly standard in the franchise industry, as it aims to capture the total economic activity of the business.

Pearce Bespoke also specifies that "Gross Sales" includes all revenue from the sale of products and services and all other income of every kind related to the business, whether for cash, credit, trade, or other value. The definition also specifies that gross sales are calculated regardless of collection in the case of credit and even if you have contracted with third parties to provide certain of the services, less any bona fide refunds given to customers in the ordinary course of business. This broad definition aims to provide a clear and inclusive measure of a franchisee's financial performance.