Is the initial franchise fee calculation method uniform for all Pearce Bespoke franchises?
Pearce_Bespoke Franchise · 2025 FDDAnswer from 2025 FDD Document
FEES**
Franchise Agreement
When you sign your Franchise Agreement, you must pay to us the initial franchise fee ("Franchise Fee") of $55,900, for a Franchised Territory with a population of between 50,000 to 200,000 people or $29,000 for a Franchised Territory with a population of no more than 50,000 people. The Franchise Fee is due upon the signing of our Franchise Agreement and is considered fully earned by Pearce Bespoke upon payment. The Franchise Fee includes your license to operate the Franchise. This Franchise Fee is not refundable, in whole or in part, under any circumstances. The initial Franchise Fee is calculated and applied uniformly to all our franchisees. The method we use to calculate the Franchise Fee is uniform for all franchises that we offer
Source: Item 5 — INITIAL FEES (FDD pages 9–11)
What This Means (2025 FDD)
According to Pearce Bespoke's 2025 Franchise Disclosure Document, the initial franchise fee calculation is applied uniformly to all franchisees. The initial franchise fee is $55,900 for a territory with a population between 50,000 and 200,000 people, or $29,000 for a territory with a population of no more than 50,000 people. This fee grants the franchisee the license to operate the franchise. The franchise fee is due upon signing the Franchise Agreement and is considered fully earned by Pearce Bespoke upon payment. This fee is non-refundable under any circumstances.
Pearce Bespoke may offer a Development Agreement to qualified candidates, allowing them to develop multiple franchises. The Development Fee depends on the number of franchises the franchisee is granted the right to open within the Development Area. If a franchisee is permitted to open more than six franchises under a Development Agreement, the Development Fee will be equal to $260,400, plus $30,900 for each additional franchise that Pearce Bespoke grants the right to develop. Franchisees entering a Development Agreement must execute Pearce Bespoke's current form of franchise agreement for the initial franchise concurrently with the Development Agreement, but they will not be required to pay any additional initial franchise fee at the time they execute each of these franchise agreements.
In addition to the franchise fee, franchisees must also pay $8,000 per Franchised Territory for the Opening Inventory Package. If franchisees hire clothiers, they must purchase a Clothier Inventory Package for $2,700 per clothier. While Pearce Bespoke does not currently charge an initial training fee, if they agree to train the franchisee at their location, the franchisee is responsible for covering transportation costs, lodging, and other related travel expenses, which will not exceed $5,000.