What is the initial equipment package fee for a Pearce Bespoke franchise?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
nted in the franchise agreement and is non-refundable. The renewal fee is recognized as revenue over the term of the renewal period.
Opening Inventory & Equipment Fees
The initial equipment package fee is $8,000 from Pearce Bespoke (as defined in the franchise agreement. The franchisee obtains control of the equipment and revenue is recognized upon the execution of the franchise agreement.
If a franchise owner is operating under a semi-absentee owner model and hire a clothier immediately, franchisees are required to purchase a Clothier Inventory Package for $2,700 per clothier (as defined in the franchise agreement). The franchisee obtains contro
Source: Item 21 — FINANCIAL STATEMENTS (FDD page 39)
What This Means (2025 FDD)
According to the 2025 Pearce Bespoke Franchise Disclosure Document, the initial equipment package fee is $8,000. This fee is paid to Pearce Bespoke, and the franchisee gains control of the equipment upon the execution of the franchise agreement. The franchisor recognizes this revenue at that time.
For a prospective Pearce Bespoke franchisee, this means they must pay $8,000 to obtain the necessary equipment to start their mobile franchise. This is a one-time fee, separate from the initial franchise fee, and is required to begin operations.
It is important to note that this fee covers the initial equipment package only. If a franchisee chooses to operate under a semi-absentee owner model and hires a clothier, they are also required to purchase a Clothier Inventory Package for $2,700 per clothier. This additional cost should be considered when planning the initial investment for the franchise.