Where is the high end of the rent estimate based on for a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
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.
Source: Item 7 — ESTIMATED INITIAL INVESTMENT (FDD pages 15–19)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, the high end of the rent estimate is based on the knowledge of rent expenses in Baton Rouge, Louisiana, for class B or C office space. The estimate considers three months' rent, with the total high-end estimate for rent being $1,500.
Pearce Bespoke franchisees are not required to lease a dedicated facility solely for their franchise. The low end of the rent estimate contemplates working from a home office, resulting in a $0 expense. However, the FDD anticipates that some franchisees may choose to lease an office or shared workspace.
The actual rent expense for a facility will vary significantly based on factors such as location, square footage, the age and condition of the property, and lease arrangements. Rent costs can also be affected by whether the franchisee rents from a shared workspace or co-working space, as well as their creditworthiness. This means that while the FDD provides an estimate based on Baton Rouge, a franchisee's actual costs could be higher or lower depending on their specific circumstances and location.