What is the high estimate for on-site training expenses for a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
ment for a Single Franchised Territory Franchise
| TYPE OF | AMOUNT | METHOD | TO WHOM | ||
|---|---|---|---|---|---|
| EXPENDITURES1 | LOW | HIGH | OF | WHEN DUE | PAYMENT IS |
| ESTIMATE | ESTIMATE | PAYMENT | TO BE MADE | ||
| Initial Franchise Fee2 | $29,000 | $55,900 | Lump sum | When you sign the Fr |
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 estimate for on-site training is $5,000. This expense covers situations where the franchisee requests that Pearce Bespoke conduct the training at the franchisee's location rather than at the training facility in Baton Rouge, Louisiana. In this case, the franchisee is responsible for covering Pearce Bespoke's travel, lodging, and other reasonable costs.
This on-site training cost is in addition to the initial franchise fee, which ranges from $29,000 to $55,900 depending on the territory population, and travel and living expenses for training at the Baton Rouge facility, estimated between $199 and $2,500. The on-site training option provides flexibility but can significantly increase the initial investment due to the added costs of bringing the training team to the franchisee's location.
Prospective franchisees should carefully consider whether on-site training is necessary or if attending the training in Baton Rouge is a more cost-effective option. It's important to discuss the specifics of what the $5,000 estimate covers with Pearce Bespoke to understand potential cost variables based on location and the number of personnel requiring training. Franchisees should also inquire about the typical duration and intensity of on-site training to budget accordingly.