What does the high end of the rent estimate contemplate for a Pearce Bespoke franchise, and where is this estimate based?
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 Pearce Bespoke's 2025 Franchise Disclosure Document, the high end of the rent estimate contemplates three months' rent based on the franchisor's knowledge of rent expenses in Baton Rouge, Louisiana, for class B or C office space. The estimate provided in Item 7 includes a range for rent (3 months) from $0 to $1,500.
Pearce Bespoke franchisees are not required to acquire or lease a dedicated facility solely for their franchise. The low end of the rent estimate assumes the franchisee will work from a home office. However, Pearce Bespoke anticipates that some franchisees will lease or rent an office or shared workspace during the operation of their franchise.
The FDD notes that rent expense for a facility from which to operate your Pearce Bespoke franchise will vary based on factors such as location, square footage, age of the property, condition of the structure, lease arrangements, and whether you rent from a shared workspace or co-working space, as well as your creditworthiness. This means that the $1,500 high end is just an estimate, and actual costs could be higher or lower depending on the specific circumstances of the franchisee's location and lease terms.